Since the Opening Ceremony August 16th last year, the Branch developed very quickly. Currently the Branch’s total assets are over $3 billion USD and the effective asset is over $1.5 billion USD. The Branch has steadily built up the client base, many of which are Fortune 500 companies and well renowned banks. Starting with syndicated loans, the Branch has diversified business products, including loans secured by domestic branches, refinancing, risk participation, per aval, standby L/C, L/C advancing, forfeiting, bill discount, interbank lending, bond investment and CD issuance. Until now, the Branch has successfully built its capacity to provide cross border services to clients both in US and China. 

Upon its one year anniversary, the Branch will further expand its products and enhance its service, while taking full advantage of the resource of ABC’s Group to provide premium service to the clients.