Temasek: Micro-credit Business in China

By English Edition Staff
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Published: 2009-05-04

                                                       Photo: CNPHOTO
Temasek Kick Off Micro-credit Business in China
Market, page 17
Temasek Holdings, an investment arm owned by the government of Singapore, has begun dealing with micro-credit services in Chengdu, capital of China's southwestern Sichuan province. Early this year, Fullerton Financial Holdings, a subsidiary of Temasek Holdings, set up Fullerton Credit Services Company in Chengdu to provide small loans to local merchants in a wholesale market where daily transaction volume surpassed ten million yuan.
Original article: [Chinese]