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ICBC Qingdao continues to help the development of foreign trade enterprises

2024-11-20 04:36:39

ICBCQingdaohasplayedasignificantroleinacceleratingQingdao'sintegrationintothenewdualcirculationpattern.Byprovidingcomprehensivefinancialsupport,ithasenabledthecity'seconomytoremainstableandrobust.Thebankhasfocusedonkeysupportcustomersandstrengthenedtheirfinancingsupport.Througharangeoffinancialproductsandservices,suchasimportdocumentarybills,importTTfinancing,andexportinvoicefinancing,ICBCQingdaohastailoredpersonalizedfinancingsolutionsforitscustomers.ByMay,thebankhadprovidedatotalof8.5billionyuaninfinancing,addressingthecapitalneedsofbusinessesinproductionandoperations,ensuringthecontinuityoftheircapitalchainsandthestabilityoftheiroperations.ICBCQingdaohasdeepeneditscooperationwiththeQingdaoMunicipalBureauofCommerce.Basedontheirstrategiccooperationagreement,theyhaveenhancedinformationexchangesandworkedtogethertosolvethebusinessneedsofforeigntradeenterprisesinQingdao.Thebankactivelyengagedwithkeyforeigntradeenterprisesandunderstoodtheirprojectconstruction,capital,andfinancialserviceneeds.Throughthe"threespecial"measures—specialpersonfollow-up,specialshiftservice,andexclusiveschemes—thebankprovidedexcellentcustomerserviceandensuredtheimplementationoffinancialsupport.ThebankalsointegratedintoQingdao'sregionaleconomicconstructionplanning,leveragingitscomprehensivefinancialadvantagestosupportthecity'skeyworkpoints,suchasbuildinganinternationalconsumptioncenterandaninternationaltradecenter.Inthepost-epidemicera,theinternationalsituationhasbecomeincreasinglyvolatile,andforeigntradeenterprisesfacemountingexchangerateandinterestraterisks.ICBCQingdaorespondedbyhostingonlineseminarsonexchangeratetrendsandriskaversionproducts.Thebankanalyzedtheexchangerateandinterestratetrendsforkeysupportcustomers,providingthemwithpracticalhedgingstrategies.Thesemeasureswerehighlyappreciatedbytheenterprises.ICBCQingdaoutilizedfinancialderivativessuchasforwards,swaps,options,andoptioncombinationstomeetthediversehedgingneedsofdifferententerprises,effectivelymitigatingfinancialmarketrisks.ICBCQingdaoleveragesitsglobalnetworklayout,with426overseasinstitutionsin49countriesandregions,including124branchesin21countriesalongthe"BeltandRoad."ThebankalsohassevenRMBclearingcentersinvariouscountries,providingsignificantoverseasserviceadvantages.Byinteractingwithdomesticandforeignbanks,ICBCQingdaosupportstheoverseasupstreamanddownstreamcustomersofforeigntradeenterprises,constructsanintegratedservicemodel,andprovidescomprehensivefinancialservicesforforeigntradeenterprisestoexpandtheirdomesticandinternationalmarkets,stabilizecross-borderindustrialchains,andsupplychains.Lookingahead,ICBCQingdaowillcontinuetostrengthenitsroleasamajorbank,activelyintegratingintothenewdevelopmentpattern,andprovidinghigh-qualityfinancialservices.Thebankwillcontinuetosupport"stabilizingforeigntradeandforeigninvestment,"offeringsustainedmomentumforthehealthydevelopmentofforeigntradeandforeign-fundedenterprises.