Agricultural bank of china solar container project loan process

In 2019, Agricultural Bank of China Limited, Singapore Branch (ABC SG) issued a green loan aimed at financing existing and/or future projects, pure-play companies or assets that meet the eligibility criteria of the ABC SG Sustainable Financing Framework. The Branch provides a wide range of financial services such as corporate lending, investment banking, trade financing, and foreign exchange, to customers across Southeast Asia and ASEAN, supporting and facilitating strong bilateral economic and trade relations between China and the region. The Export Bill Discount is a kind of financing where customers sell the drafts under a usance L/C accepted by the issuing bank or documentary collection drafts with "Per Aval" by a bank to ABC prior to the maturity of such drafts while ABC pays customers the amount of the face value of the bills. for a broad range of customers, and conducts treasury operations and asset management. The Loan Commitment Letter is subject to the conditions as agreed to between ABC and the customer.