EuropeFinance and InsuranceGreater China

ABN Amro cooperates with Sinosure

Photo of Katherine Si Katherine SiFebruary 13, 2015
9 Less than a minute

Beijing: Dutch bank ABN Amro has signed a memorandum of understanding with China Export & Credit Insurance Corporation (Sinosure) for the development of shipping and offshore businesses.

ABN Amro will provide local and sector knowledge in shipping and offshore transactions and medium and long-term financing to Chinese companies, guaranteed by Sinosure.

Sinosure is a state-funded policy-oriented insurance company, which started operations in 2001. The two companies cooperated on a $78m containership loan deal for UASC in 2012.

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Photo of Katherine Si Katherine SiFebruary 13, 2015
9 Less than a minute
Photo of Katherine Si

Katherine Si

Having majored in English Katherine started out at news portal ShippingChina.com where she rose to become News Editor. In 2008 she moved to work with Sam Chambers and has since held numerous positions including China correspondent for Seatrade magazine. Katherine is in touch with Chinese owners and yards on a daily basis and has had many prestigious news scoops reporting China’s fast evolving maritime scene.
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