Boeing signs leasing pacts with 2 Chinese banks -report

SHANGHAI | Thu Nov 26, 2009 8:04pm EST

SHANGHAI Nov 27 (Reuters) - Boeing (BA.N) has signed aircraft leasing agreements with two Chinese financial institutions, China Construction Bank (601939.SS) and CDB Leasing, to tap into the country's rapidly growing aviation industry, China Business News reported on Friday.

China Development Bank is a major shareholder of CDB Leasing.

The agreement between CDB Leasing and Boeing will see the former offer up to 25 billion yuan ($3.7 billion) in financing and leasing for Boeing aircraft.

(Reporting by Melanie Lee; Editing by Jonathan Hopfner)

((melanie.lee@thomsonreuters.com; +86 21 6104 1778; Reuters Messaging: melanie.lee.reuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) ($1=6.826 Yuan)

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