International Business
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The Bank made great efforts to develop international settlement and trade finance by innovation in foreign exchange products, effective customer segmentation, build-up of its foreign exchange product family, and adjustment of foreign exchange business structure. In 2008, domestic branches recorded international settlement of USD374,545 million, with an increase of 15.04%, yielding a business income of RMB818 million. The Bank provided trade finance of USD20,218 million, up 14.07%, yielding an income of RMB104 million.

In order to improve professional processing of international settlements, the Bank developed a global trade service product (GTS) to meet the diversified integrated and structured financing demands of customers. The Bank launched three trade finance series, i.e. import financing, export financing and settlement express, and integrated various trade finance products.