Major Chinese Banks Behind £190 Million Loan to Thames Water's Parent Company

Thursday, 4 April 2024, 10:24

Chinese state banks Bank of China and ICBC, among others, have been identified as key lenders to Thames Water's parent company, with a £190 million loan set to mature by the end of April. The involvement of these prominent Chinese financial institutions sheds light on the international financing landscape and the strategic partnerships in the utilities sector.

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Chinese state banks Bank of China and ICBC have emerged as major lenders

A recent report has revealed that Bank of China and ICBC are part of a group of four banks that provided a substantial £190 million loan to Thames Water's parent company. This loan is set to mature at the end of April.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.