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WEDZ, bank sign financial assistance accord

en.whkfq.gov.cn | Updated: 2022-10-20

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WEDZ leaders witness the signing of the agreement on Oct 19. [Photo provided to en.whkfq.gov.cn]

The Wuhan Economic & Technological Development Zone, or WEDZ and the Wuhan Rural Commercial Bank signed a strategic cooperation agreement on Oct 19, pledging to forge a firmer partnership to assist the real economy development of the zone and accelerate the expansion of its modern industrial system.

The Wuhan Rural Commercial Bank is a regional bank headquartered in Wuhan, and has been a long-term business partner of the zone. To date, the bank has established two branches and 11 service sites in the WEDZ.

The contract stipulated that the bank will offer financial assistance to the zone's major projects.

The bank will also offer related high-quality financial products and services to local enterprises, in order to support the small and micro-size real economy.