The Repurchase of Credit Assets refers to a transaction where the holder of credit assets (the "transferor") transfers the credit assets agreements in its possession to the Bills Department (the "transferee") during a specified period of time, and after the credit asset transfer agreement comes due, the transferor unconditionally buys back the credit assets from the Bills Department based upon stipulations within the agreement. During the period of credit asset transfer, the credit risk relating to the related credit assets is borne by the transferor.
Customer Service Center : 95599
OutletContact Us| Statement Copyright©AGRICULTURAL BANK OF CHINA (ABC) All Rights Reserved
