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Green finance offers banks opportunities

BEIJING: As China hastens its green drive, global financial institutions will get a boost as a result.

The People's Bank of China (PBoC) recently included two foreign-funded banks in a lending program that encourages carbon-emission reductions: Deutsche Bank (China) Co. Ltd. and Societe Generale (China) Ltd.

This undated file photo shows a woman walking past the People's Bank of China in the capital Beijing. XINHUA PHOTO