Cross-border financial services in the Shanghai banking industry continue to expand, and new developments have ushered in areas such as offshore financial innovation, cross-border settlement facilitation, and global fund management for multinational companies. On October 13, the Shanghai Association of Banks held a press briefing on “Cross-border Finance Empowers High-Level Opening-up to the Outside World and Helping Shanghai International Financial Center Improve Energy Level”. Seven banks, including Bank of China Shanghai Branch, Export-Import Bank Shanghai Branch, Agricultural Bank Shanghai Branch, China CITIC Bank Shanghai Branch, SPD Bank Shanghai Branch, Standard Chartered China, and Citibank China, presented developments in cross-border financial services.
Zhitongcaijing · 1d ago
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Cross-border financial services in the Shanghai banking industry continue to expand, and new developments have ushered in areas such as offshore financial innovation, cross-border settlement facilitation, and global fund management for multinational companies. On October 13, the Shanghai Association of Banks held a press briefing on “Cross-border Finance Empowers High-Level Opening-up to the Outside World and Helping Shanghai International Financial Center Improve Energy Level”. Seven banks, including Bank of China Shanghai Branch, Export-Import Bank Shanghai Branch, Agricultural Bank Shanghai Branch, China CITIC Bank Shanghai Branch, SPD Bank Shanghai Branch, Standard Chartered China, and Citibank China, presented developments in cross-border financial services.
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