China CITIC Bank

China CITIC Bank is one of the top ten banks in China and one of the earliest emerging commercial banks. With strong capital strength, it provides comprehensive financial services, including cross-border financing, foreign exchange transactions, etc. China CITIC Bank's cross-border business mainly includes export credit, international factoring, domestic guarantee and foreign loan, cross-border cash management, international trade financing, and exchange rate swaps, providing customers with comprehensive cross-border financial solutions.

China CITIC Bank provides comprehensive cross-border financial services through its "Xin Forex+" cross-border financial integrated service system. This system is based on "settlement+financing+trading+integration of intelligence" and has created a "4+N" service system in multiple scenarios such as "Xinhua Supply Chain", "Xinhua Sea", "Xinhua Growth", etc., to meet the cross-border financial service needs of enterprises.

China CITIC Bank has achieved significant results in the field of cross-border transactions. In the first half of the year, the number of corporate foreign exchange business customers of CITIC Bank increased by 14.43% year-on-year, and the multi-functional free trade account business was officially launched, becoming one of the first commercial banks to launch and implement this account business. In addition, the number of accounts opened and the balance of deposits and loans for the three types of cross-border accounts (NRA/FT/EF) both achieved double-digit growth compared to the end of the previous year. China CITIC Bank has also implemented export credit projects in countries such as Cote d'Ivoire, with financing balances increasing by 15.45% compared to the beginning of the year, and the amount of foreign-related guarantees increasing by 57.84% year-on-year.