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China Huaneng Group extends in-house bank capacity

With CBRC approval, the Chinese power generator’s in-house bank completes supply chain financing transactions involving both its own entity and a third party.
China Huaneng Group extends in-house bank capacity

China Huaneng Group, a state-owned power generator, has begun using its in-house bank to operate “extended” supply chain financing services for group entities, state newspaper China Securities Journal reported on March 15.

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