Financial "living water" nourishes the vitality of Yiwu

Yiwu, one of the regions with the most economic vitality and strongest export in the country. Grasp the first chance, there is a more opportunity to leveraging the new fulcrum of economic development, with the "International Trade Financial Services," the flagship of the Bank of China branch in Yiwu is undoubtedly one of the best.

Ye Qiuhao, an overseas Chinese from Wenzhou, has been doing business in Yiwu for 18 years. "Because it involves foreign trade, I have been dealing with BOC after Yiwu and I am very satisfied both in business and in service." YE Hao heartily said, "BOC is my most trusted partner. "

As Ye Yeh-ho said, the Bank of China branch in Yiwu has taken the professional advantages of internationalized foreign exchange banks and constantly improved its financial services and product systems to build a financial bridge for Yiwu enterprises to "go global" and "bring in". In the recent three years, the bank has achieved an international settlement volume of 25.4 billion U.S. dollars and a cross-border RMB business volume of 13.5 billion yuan. Its business volume is at the forefront of its peers.

This is an era of "great change," while Yiwu is yet another "experimental field" for reform. In order to better integrate and promote the local financial reform, the Bank of China branch of Yiwu has been actively responding to participate in the pilot reform of the comprehensive reform of international trade in Yiwu and special financial reforms to support foreign trade enterprises to become stronger and stronger, actively cultivate industrial innovation and upgrading, and promote the listing of enterprises and mergers and acquisitions Restructuring the "Phoenix Project" to improve the level of direct financing enterprises last year, a total of Yiwu key enterprises to support more than 10 technological upgrading projects.

Under the new economic normal, the real economy needs the support of financial "living water" more. Since its foundation in Yiwu, Bank of China branch in Yiwu has vigorously supported the construction of local economy and brave the main force in the economic and financial development of the region. In the past year, the bank closely followed the major development strategies of Yiwu such as the construction of "three major corridors", the "10 billion-billion industries", the construction of major infrastructural facilities and the construction of characteristic small towns to provide support for the expansion of effective investment and major projects. The number is boring, but best at showing results. As of the end of December last year, the Bank's balance of loans in both domestic and foreign currencies was 17.929 billion yuan, up 19.24% from the beginning of the year, ranking the first in the province's system. The top five local banks ranked first with a record high loan business.

Social development, people's livelihood first. Bank of China branch in Yiwu keenly capture the opportunities it contains, integration of multi-resources, to fully support the livelihood of the people and promote the new urbanization and integration of urban and rural areas, Yiwu local city organic update market block, Temple City cast project to provide financial support. In the meantime, the bank focused on promoting "two chains" risk prevention and financial risk disposal last year. The accumulated accumulated non-performing loans totaled 1,414 million yuan, with the current non-performing amount of 242 million yuan and a non-performing rate of 1.35%.

For the experience of Bank of China branch in Yiwu, Yiwu municipal party committee and municipal government have given important instructions to be commended.

Last year, CCB stepped up its economic support efforts, insisted on transformation and development, and took courage to act as its own strength. The Bank made precise efforts in the areas of expanding investment, adjusting structure and promoting innovation, and continuously deepened three win-win situations: government, silver and gold enterprises and silver and gold enterprises 'And achieved good social and economic benefits. "Zheng Mian, governor of Bank of China branch in Yiwu, said that in the next stage, the bank will continue to focus on the strategic development of Yiwu, brave the forefront, brave to carry the banner, bravely serve as a model for Realize Yiwu to speed up the construction of the world's "Commodity Capital" contribution.

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