What is the magnification of Hebei provincial government financing guarantee?
10 to 15 times. Hebei News Network learned that the guarantee magnification of the guarantee company should not exceed 10 or 15 times of the net assets of the financing guarantee company. According to Article 15 of the Regulation on Supervision and Administration of Financing Guarantee Companies, the balance of guarantee liability of financing guarantee companies shall not exceed 10 times of their net assets.