CHINA IMPORT-EXPORT BANK
Established in 1994 and solely owned by the central government, The Export-Import Bank of China (China Eximbank) is a government policy bank under the direct leadership of the State Council. Its international credit ratings are compatible to the national sovereign ratings. At present, the Bank has over ten business branches and domestic representative offices, as well as three overseas representative offices in Johannesburg, Paris and St. Petersburg. It has established and maintained correspondent relationship with more than 300 overseas banks worldwide.
As an important force in the backup system of foreign trade and economy and a significant component of the financial system, China Eximbank has developed into a key channel of policy financing for exports and imports of mechanic and electronic products, complete set of equipment, and high- and new-tech products, and for offshore construction contracts as well as overseas investment projects. Meanwhile, the Bank is also the major onlending bank of foreign government loans and the sole lending bank for Chinese Government Concessional Loan entrusted by the Chinese Government. The Bank is playing a more and more important role in promoting the development of the open and export-oriented economy of the country.
Mission
The main mandate of the Bank is to implement the state policies in industry, foreign trade, diplomacy, economy and finance to provide policy financial support so as to promote the export of Chinese mechanical and electronic products and high- and new-tech products, to support Chinese companies with comparative advantages to conduct such cooperation with foreign partners as offshore construction contracts and overseas investment projects, to develop and strengthen relations with foreign countries, and to enhance Sino-foreign economic and technological cooperation and exchanges
Business Scope
- Export credit and Import credit;
- Loans to overseas construction contract and Loans to overseas investment project;
- Chinese Government Concessional Loan;
- International guarantee;
- Onlending loans of foreign governments and financial institutions;
- International and domestic settlement and corporate deposits under the loan facilities provided by the Bank;
- Raising funds in domestic and international capital markets and money markets;
- International inter-bank loans, organizing or participating in international and domestic syndicated loans;
- Renminbi inter-bank borrowing and lending and bond repurchases;
- Foreign exchange dealing and approved risk protection Foreign Exchange (FX) business for client;
- Creditworthiness investigation, consultation, appraisal and witness services which are relevant to the Bank’s business;
- Other business approved or entrusted.
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