China, May 21 -- The Asian Development Bank (ADB) and the Bank of Tianjin Co., Ltd (BOT) signed a $50 million (in yuan equivalent) loan agreement for health care and elderly care finance in Tianjin and other cities where BOT operates in the People's Republic of China (PRC).The project will support health care and elderly care service providers by funding their capital investments in facilities, equipment, and IT systems, and meeting their permanent working capital needs. It will also promote financial innovation through knowledge-sharing and expand inclusive health care for women and elderly care financial services through a targeted action plan. The PRC is facing rapid population aging, with the elderly becoming increasingly vulnerable to ...