Commonwealth Bank of Australia Shanghai Branch Now Open for Business
The Commonwealth Bank of Australia Shanghai Branch officially opened on 1st March 2010. This new Branch represents an important milestone in their history as they extend their presence into mainland China. Opening a new branch in a new country takes time and has its challenges. In what is one of the fastest growing markets in the world, their customers can now get the support they need from the Branch in China.
Commonwealth Bank of Australia Shanghai Branch will primarily focus on developing large local corporate customers within five target industries: Natural Resources, Infrastructure, Transportation and Utility & Power, and mainly target on Australian, Chinese and Hong Kong corporate/institutional customers based in China and will work closely with the Bank’s existing partners in the region which includes Qilu Bank, Bank of Hangzhou, First State Cinda and BoCommLife. The Branch has the capacity to provide corporate and institutional lending, trade finance, foreign exchange and structured asset finance.
For more information, please contact the Branch’s General Manager Stanley Lo on (8621) 6123 8900.