American International Group in the United States Securities and Exchange Commission today (SEC) submitted to the regulatory filing, said the credit line is provided by 30 banks by JPMorgan Chase (JPM) is responsible for management, including two of the 1.5 billion Credit arrangements, including a three-year, while the other 364 days duration. Documents show that AIG's property casualty insurance sector Chartis Inc received 13 billion line of credit.
In a recent financial crisis, American International Group received a total of 182.3 billion U.S. dollars in government aid. Currently, the use of American International Group is seeking to raise funds in the private market approach to repayment of government funds. American International Group has said in the Dec. 8, the group has reached a deal, will pay 20 billion U.S. dollars in New York Federal Reserve credit line, then will turn to use the stock sale transactions to be made to repay the U.S. Treasury.
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