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Xiamen Bank Approves 6.4-Billion-Yuan Credit Facility for Shareholder

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Xiamen Bank (SHA:601187) said its board approved a 6.4-billion-yuan credit facility plus a third-party guarantee facility of 3.6 billion yuan to shareholder Xiamen Jinyuan Investment Group, according to a Thursday filing with the Shanghai bourse.

Shares of the bank closed 1% higher Thursday.

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