CR Bank launched a Shipping Loan Product in joint efforts with CR Cement. As of October 17, three loans totaling 9.70 million yuan have been granted in this program. 

This product is a credit product tailored by CR Bank for downstream carriers of CR Cement. The carrier may apply for the loan with the freight receivable voucher issued by CR Cement without having to provide any other guarantee, mortgage or collateral. The product features easy operation and robust risk control, realizing mutual benefits for CR Bank, CR Cement and downstream carriers of CR Cement and winning wide confidence from shipping enterprises.