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Exim Bank of China

The Export-Import Bank of China (China Exim Bank) () is one of three institutional banks in China which chartered to implement the state policies in industry, foreign trade, diplomacy, economy and finance to provide policy financial support so as to promote the export of Chinese products and services. It was founded in 1994, and is subordinated to the State Council.[1]

China Eximbank does not publish figures for overseas loans. However, U.S. officials estimate that it finances more than the total export financing of the Group of Seven industrialized nations combined.[2] The Financial Times estimates that in 2009 and 2010, China Eximbank and China Development Bank (CDB) together signed loans of at least $110 billion to other developing country governments and companies, more than the World Bank over a similar period.[3]

Contents


Rivalry

Export financing institutions from competing nations have complained that China does not follow the export financing guidelines promulgated by the OECD. U.S. Export-Import Bank Chairman Fred Hochberg accused the bank of succeeding in winning deals based on unfair practices.[4]

Organizational structure

Internal Departments

  • Executive Office
  • Human Resources Department
  • Business Development & Innovation Department
  • Corporate Business Department
  • Shipping Financing Department
  • Onlending Department
  • Planning & Financial Management Department
  • Evaluation Department
  • Auditing Department
  • Legal Affairs Department
  • International Business Department
  • Risk Management Department
  • Administrative Department
  • Supervision Office
  • Economic Research Department
  • Department of Special Account Financing
  • Corporate Business Department
  • Concessional Loan Department
  • Treasury Department
  • Information Technology Department
  • Compliance Department
  • Accounting Department
  • Workers Union
  • Software Development Department
  • Party & League Affairs Department

Business Branches

  • Shanghai Branch
  • Shenzhen Branch
  • Nanjing Branch
  • Dalian Branch
  • Chengdu Branch
  • Qingdao Branch
  • Zhejiang Branch
  • Hunan Branch
  • Chongqing Branch
  • Xi'an Branch

See also

  • Banking in China

References

External links

de:China Exim-Bank id:Exim Bank of China ru: zh:






Source: Wikipedia | The above article is available under the GNU FDL. | Edit this article



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