Release Date: 2013-07-19

On May 14th, Zhongguancun Regional Branch of Bank of Beijing signed a strategic cooperation agreement with Cheku Cafe (Garage Café) and launched financial service, including exclusive start-up financing product "chuang ye dai" to support their business start-up clients. According to the agreement, Zhongguancun Regional Branch will provide various services to the Cafe and its certified clients in business start-up: deposits and loans, incorporation registration services, daily settlement, exclusive credit card, and institutional and personal wealth management consulting service. The Branch will also pack its products with the Cafe's services to better support the clients. This agreement provides a platform to those start-ups that are in the initial period, who only have light assets and may face challenge to get their first loan. At the signing site, Zhongguancun Regional Branch also granted 0.32 mln Yuan working capital loan to four clients in technology and culture & creative industry.

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