Credit for Resource Import
Credit for Resource Import refers to loans, denominated in either RMB or foreign currencies, designed to finance resource imports by Chinese companies
Prospective Borrowers and Application Requirements
Credit for Resource Import is provided to finance resource imports.Prospective borrowers include manufactures and import agents that import resources mainly for internal use or for domestic sales. Their yearly resource imports shall reach USD 10 million.

Application Documents
1.Loan application;
2.Import license of the borrower or the import agency, profile statements of both the borrower and the guarantor,copy of the borrower's business license that has passed the annual examination, audited financial statements of the past three years and audited financial statements of the current year, and other documents that demonstrate the credit standings and operations of both the borrower and the guarantor;
3.Description of the borrower's resource import over the past three years, resource import plan of the current year and import contracts already signed;
4.Required import approval and evidentiary documents by competent government authorities;
5.A letter of intent for repayment guarantee, or in the case of mortgage or pledge, valid certificate of ownership of the property under mortgage or pledge and evaluation reports thereof;
6.Other relevant documents deemed necessary by the Bank.
Credit for Importing Technology and Equipment
Credit for importing technology and equipment is designed to finance the imports of technology and equipment by Chinese companies in either RMB or foreign currencies.
Prospective Borrowers
Chinese companies that are independent legal entities registered with the Chinese Administration of Industry and Commerce or its local offices.
Application Requirements
1.The borrower shall demonstrate sound management and operation, reliable credit standing and good debt servicing capacity;
2.The import contract shall have been signed, and the total contract value shall normally be no less than USD 5 million;
3.The supporting requirements on the projects are satisfied, with favorable estimates on economic returns and reliable capacity of loan repayment;
4.For those projects that need government approval or verification, the required approval or verification shall have been already obtained;
5.Repayment guarantee acceptable to the Bank shall be provided;
6.Other requirements deemed necessary by the Bank.
Application Documents
1.Loan application;
2.Equipment import contract and necessary approval documents by competent government authorities;
3.Project feasibility study reports;
4.Profile statements of both the borrower and the guarantor, duplicate copy of the borrower's business license that has passed the annual examination,audited financial statements of the past three years and audited financial statements of the current year, and other documents that demonstrate the credit standings and the operations of
both the borrower and the guarantor;
5.Letter of intent for repayment guarantee, or in the case of mortgage or pledge, valid ownership certificates of the property under mortgage and pledge and evaluation reports;
6.Other relevant documents deemed necessary by the Bank