According to reports, a few days ago, the “China Merchants Bank Steel Industry Offshore High-end Customer Seminar†hosted by the offshore business department of China Merchants Bank was held in Yantai City, Shandong Province. At the meeting, Lin Dashui, general manager of the offshore business department of China Merchants Bank and Zhou Weilin, president of China Merchants Bank Jinan Branch, introduced China Merchants Bank's offshore financial service plan tailored for the multinational operation of steel companies.
With the development and growth of China's steel enterprises, how to make full use of domestic and foreign "two resources, two markets" to enhance corporate competitiveness has become a problem that entrepreneurs must think about and face. China Merchants Bank has maintained a solid partnership with domestic steel companies in offshore financial services. With the most distinctive off-shore linkage business platform of China Merchants Bank, it has satisfied iron ore imports, steel exports and overseas resource acquisitions of China's iron and steel enterprises. Demand for financial services such as settlement and financing in international business processes such as overseas equity mergers and acquisitions. In addition, China Merchants Bank also uses domestic and foreign financial market imbalance factors to help companies reduce operating and management costs, improve financial performance, and ultimately enhance the company's international competitiveness.
It is understood that China Merchants Bank, as the earliest bank to carry out offshore business in China, has actively used the advantage of the offshore platform since 1989 to provide off-shore, local currency and one-stop financial services for cross-border operations of Chinese enterprises.
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