Record of international Settlement of BOC

Source: Internet
Author: User
Keywords BoC
Bank of China 27th, in 2010, the Bank of China played the overall advantages of the group's institutional linkage at home and abroad to achieve international settlement volume of 1.97 trillion U.S. dollars, the annual international Settlement of the banking industry record, for many years to maintain the world's first.  According to statistics, in 2010, the mainland institutions of China's international trade settlement volume of more than 900 billion U.S. dollars, the year-on-year growth of 42%, leading China's foreign trade and import and export growth rate of nearly 7%, December the end of the market share of 31.06%, further consolidation of market dominance.  In 2010, the domestic and foreign institutions of the Bank of China increased the financing investment, the group foreign currency trade financing occurred more than 210 billion U.S. dollars, an increase of 35%, the group foreign trade financing balance maintained steady growth. BOC Mainland institutions in foreign currency guarantee business market share of the first, the RMB letter of guarantee has increased by 30%, continue to exclusive contractor Project guarantee risk special funds, business volume exceeded 1 billion U.S. dollars. Bank of China's mainland institutions international factoring business to maintain a good development trend. Among them, the export of double factoring business volume of more than 2.4 billion U.S. dollars, 35 consecutive months ranked first in the world, import double factoring business volume of 600 million U.S. dollars, ranked 5th in the world.
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