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Bank of China Hong Kong Limited today announced that it has conducted 34 cross-border RMB trade settlement transactions in new cities on the first day of the newly expanded RMB Trade Settlement Services pilot programme. (more…)
Citibank China has announced the launch of a new banking service housed within its consumer branch network designed to (more…)
#bank#exporters#international
The Agricultural Bank of China (ABC) and Rabobank Group (Rabobank) have signed a Memorandum of Understanding (MOU) to establish a…
#bank#financial services#international
HSBC has announced the appointment of Helen Wong as the new president and chief executive office for the bank s…
#bank#investment#WHO
China Export and Credit Insurance Corp., or Sinosure, said it will improve its services for export traders in 2010, aiming…
China Merchants Bank (CMB) has reportedly signed a strategic cooperation agreement with the Royal Danish Consulate General in Shanghai, according…
J.P. Morgan today announced that it has received approval to provide Renminbi (RMB) cross-border trade settlement services (more…)
Lenovo and CIT Group today signed a letter of intent to establish Lenovo Financial Services (LFS). LFS is a (more…)
#CIT#financial services#leasing
The Factoring Committee of the China Banking Association held its first annual meeting in Shanghai on April 7. (more…)
#bank#Bank of China#banks
SMEs in China continue to face cash flow problems from the impact of the financial crisis, according to recent research…
The China Banking Regulatory Commission has announced it is to further emphasise financial support to China SMEs in 2010, claiming…
#bank#business finance#regulation
China factoring is expected to decline for the first time in 2010, as measures to combat overheating impact upon the…
#bank#Bank of China#global trade
Jiang Xu, Assistant General Manager of the Global Trade Services Department at Bank of China, talks to Factorscan about Beijing…