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The society of young entrepreneurs reach strategic cooperation agreement with 8 banks

On the afternoon of August 28, the municipal youth league of Ningbo held a conference for banks and enterprises, at which 8 banks and the municipal society of young entrepreneurs signed an agreement of strategic cooperation, by which the banks will provide the society with another ¥6.7 billion in credit and financial support in 3 years. Present at the conference was vice mayor Xu Wendong.

In recent years, enterprises have been faced with the difficulties of rising financial cost and mounting prices and unstable capital supply. Many entrepreneurs at the meeting expressed the strong wish to get more support from banks.

To construct a more convenient financial platform for enterprises, the society of young entrepreneurs signed an agreement of strategic cooperation with 8 banks to provide in 3 years another total sum of ¥6.7 billion in credit and financial support.

It is learned that the conference is one of the activities of the municipal youth league to promote the upgrading of economy. The construction of such a financial platform is only a good beginning.

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