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China Development Bank

News RoundupAsia/PacOnline Lending
·Aug. 3, 2017

China Development Bank Works with Tencent to Provide Students Loans

Tencent, with advantages in cloud computing, big data, social networking, and mobile payments, will cooperate with China Development Bank to provide students loans; China Development Bank is a "policy financial institute" under the State Council; the bank covers over 90% of the student loans market. Source (Chinese)

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