With the opening of these two outlets, BEA China now operates a total of 90 outlets on the mainland.
Both Zhengzhou Branch and Zhaoqing Sub-branch provide comprehensive Renminbi and foreign currency banking services to all customers.
The new services include account and deposit services, loans and advances, bill acceptance and discounting, documentary credit and bank guarantees, remittance and international settlement, foreign exchange, derivative products, agency services for general life insurance products, and overseas investment services to local residents and enterprises.
Zhaoqing Sub-branch is the fourth ‘cross-location’ sub-branch established by BEA China under the liberalization measures of Supplement VI to the Mainland and Hong Kong Closer Economic Partnership Arrangement.
BEA China chairman and BEA chairman & chief executive David Li said the company has long-standing commitment to the China market, and the bank will continue to enhance its customers’ access to its banking and financial services by expanding the bank’s branch network to major urban centers nationwide.
