Introduction
The Gold Pledge Loan is a loan where the borrower pledges gold in the gold custodial account in Shanghai Gold Exchange (and which gold is tradable on Shanghai Gold Exchange) for Hua Xia Bank loans.
Target Clients
Corporate and other organizations of economic activities.
Functions and Features
It provides credit facilities for the customer's production and operation activities.
Interest Rate
Loan interest rate is as per stipulated by the People's Bank of China. The pledger pays the pledge-booking fee to Shanghai Gold Exchange according to fee standard regulated by Shanghai Gold Exchange.
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