Founded in 1994, the Export-Import Bank of China is a state bank solely owned by the Chinese government and under the direct leadership of the State Council. Its international credit ratings are the same as China's sovereign ratings. The Bank is headquartered in Beijing. It has more than 20 business branches inside China, one branch and two representative offices outside China, namely the Paris Branch, the Representative Office for Southern and Eastern Africa and St. Petersburg Representative Office. It has established correspondent banking relationship with more than 1,000 banks.
The Bank's main mandate is to facilitate the export and import of Chinese mechanical and electronic products, complete sets of equipment and new- and high-tech products, assist Chinese companies with comparative advantages in their offshore project contracting and outbound investment, and promote international economic cooperation and trade.
Business Scope
More specifically the business scope of the bank includes:
Corporate Social Responsibility
International Economic Cooperation - China EximBank has worked actively to promote international exchanges and cooperation, expand the breadth and depth of business cooperation with other countries and support the win-win strategy of opening up, contributing to the efforts of promoting common development and growth and building a harmonious world.
Green Finance - China Eximbank vigorously promotes green lending to support balanced and environment-friendly development. In line with the state policy of energy conservation and emission reduction and the concept of sustainable development, the Bank has set stringent environmental standards on projects and tightened up their environmental risk management. It has carried out intensive exchanges with the World Bank, International Financial Corporation and others on environmental assessment and put in place an exist mechanism for high environmental risks.