Bank of Communications ups loan support for green transformation

BEIJING, June 9 (Xinhua) -- The Bank of Communications, one of China's largest commercial banks, has strengthened financial support for the green and low-carbon transformation of traditional sectors and the expansion of green sectors.

By the end of 2023, the lender's outstanding loans for green development had reached 822.04 billion yuan (about 115.6 billion U.S. dollars), climbing by 29.37 percent compared with