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    DGAP-News  528  0 Kommentare Tarena International, Inc. Signs Cooperation Agreement With Bank of China Consumer Finance Co., Ltd.


    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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    21.04.2014 Dissemination of a Corporate News, transmitted by DGAP - a
    company of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

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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



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    DGAP-News Tarena International, Inc. Signs Cooperation Agreement With Bank of China Consumer Finance Co., Ltd. DGAP-News: Tarena International Inc. / Tarena International, Inc. Signs Cooperation Agreement With Bank of China Consumer Finance Co., Ltd. 21.04.2014 / 14:02 --------------------------------------------------------------------- BEIJING, 2014-04-21 …