Baidu’s micro finance unit will extend loans to private educational institutions for financing their students’ private English, vocational training or IT classes. Photo: Reuters

Chinese internet giant Baidu’s micro loan unit seeks 786m yuan through asset-backed notes

The Chongqing internet micro credit arm targets private education loans

Topic |   Banking & Finance

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Baidu’s micro finance unit will extend loans to private educational institutions for financing their students’ private English, vocational training or IT classes. Photo: Reuters
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