Bank of China (SHA:601988, HKG:3988) plans to increase private enterprise loan growth by 5 percentage points above its overall loan growth rate in 2025, Xinhua News reported.
The bank will provide more than $5 billion in financing for overseas projects and expand its Science and Technology Innovation Fund above 50 billion yuan, according to the report.
Bank of China is seeking to actively play the investment role of the innovation fund, focusing on artificial intelligence, quantum technology and biotechnology, Xinhua wrote.
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