Product Overview

Entrusted by financial authorities or project implementing entities, Bank of China, in accordance with the loan agreements signed between the Ministry of Finance and lending institutions for foreign government loan projects, as well as the sub-loan or implementation agreements signed between financial authorities and project implementing entities, cooperates with these parties to provide services such as liaison with external parties, advisory services, agency services for receipts and payments and related reviews, debt reconciliation and statistical reporting, foreign exchange settlement and sale, and other settlement services.

Application Channels

The service is available through BOC branches and designated client managers.

Required Documents

To apply for BOC's foreign government loan agency services, clients should submit, in writing, documents such as planning documents issued by the National Development and Reform Commission and the Ministry of Finance regarding China's candidate projects for the use of foreign government loans, the loan agreement, the sub-loan agreement, the bid-winning notice for the agency bank, the business license, the shareholding structure chart, financial reports, procurement or business contracts, and other necessary supporting documents.

Notes

Foreign government loans are administered by the National Development and Reform Commission, the Ministry of Finance, and relevant provincial/department-level and municipal/bureau-level authorities, with BOC acting as a third-party agent. Before applying for this service, clients should communicate and coordinate with relevant local government authorities to ensure that the project is included in the annual plan for candidate projects using foreign government loans and that the bidding process for selecting the agency bank is carried out in a timely manner.