
January 21st, 2016, New York – Ambassador Cui Tiankai visited to the new building of Bank of China New York Branch located nearby Bryant Park. Xu Chen, CEO and President of Bank of China USA presented general construction plan of the building to Ambassador Cui as they toured around the main floors. Ambassador Cui commented the building as the milestone of Chinese investment in the United States, making it a landmark in Manhattan.
Later on, President Xu shared the development history of New York Branch as well as business operations in the past year with Ambassador Cui. Ambassador Cui acknowledged Bank of China’s achievements in the US market, which reflected Chinese enterprises’ fast development momentum in recent years. He also recognized New York Branch’s development as a major contribution facilitating investment and trade between China and the US, for its professional financial service assisting Chinese enterprises to invest in the US market, which marks New York Branch a pioneer among Chinese enterprises in the United States. Ambassador Cui also acknowledged the work of the New York branch as the Chairman corporate of China General Chamber of Commerce-USA.
In recent years, Bank of China has been committed to improving its cross-border service capacities and promoting RMB internationalization. Thanks to its global RMB clearing system, customer base from home and abroad, professional talent pool, and cross-border financial products, Bank of China is becoming the leading bank for cross-border RMB services.
Bank of China has always upheld the spirit of “pursuing excellence” throughout its hundred-year history, thereby building up a strong brand that is widely recognized within the industry and by its customers. Faced with new historic opportunities, Bank of China USA will honor its commitment to “serving society, delivering excellence”. It will continue to strive to become the top notch foreign bank in the US, and make further contributions to a sound Sino-US economic and trade relationship.
(Source: Bank of China)