DGAP-News: Tarena International Inc. /
Tarena International, Inc. Signs Cooperation Agreement With Bank of
China Consumer Finance Co., Ltd.
21.04.2014 / 14:02
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BEIJING, 2014-04-21 14:02 CEST (GLOBE NEWSWIRE) --
Tarena International, Inc. (Nasdaq:TEDU) ('Tarena' or the 'Company'), a leading
provider of professional education services in China, today announced that it
has signed a cooperation agreement with Bank of China Consumer Finance Co.,
Ltd. (BOCCFC) to provide financing services for Tarena students. Pursuant to
the agreement, BOCCFC will offer student loans to Tarena students to assist
them in paying for tuition fees. BOCCFC, in addition to Bank of Beijing
Consumer Finance Company and CreditEase, becomes another third-party financing
institution that has formed a cooperative relationship with Tarena.
'We welcome BOCCFC in becoming one of Tarena's financing partners for providing
student loans to our students,' said Shaoyun Han, Founder, CEO and Chairman of
Tarena. 'The participation of BOCCFC further diversified payment options and
increased financing flexibility for our students. We look forward to a long
term cooperation with BOCCFC.'
About Tarena International, Inc.
Tarena International, Inc. (Nasdaq:TEDU) is a leading provider of professional
education services in China. The Company is the largest provider of IT
professional education services in China with a market share of 8.3% as
measured by revenues in 2013 according to IDC, a third-party research firm.
Through its innovative education platform combining live distance instruction,
classroom-based tutoring and online learning modules, Tarena offers courses in
nine IT subjects and two non-IT subjects. Its courses provide students with
practical education to prepare them for jobs in industries with significant
growth potential and strong hiring demand. Since its inception in 2002, Tarena
has trained over 130,000 students, cooperated with more than 500 universities
and colleges and placed students with approximately 35,000 corporate employers
in a variety of industries. For further information, please visit
http://ir.tarena.com.cn.
CONTACT: For investor and media inquiries, please contact:
Tarena International, Inc.
Christina Zhu
Tel: +86-10-5621 9451
Email: zhumy@tarena.com.cn
News Source: NASDAQ OMX
End of Corporate News
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Language: English
Company: Tarena International Inc.
United States
ISIN: US8761081012
End of News DGAP News-Service
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263902 21.04.2014
DGAP-News: Tarena International, Inc. Signs Cooperation Agreement With Bank of China Consumer Finance Co., Ltd.
| Source: EQS Group AG