In the past few days, “the fourth China’s trade finance excellence award” appraising activity organized by Trade Finance Committee of China Banking Association was formally started. Bank of China won two awards “Best Trade Finance Bank” and “Best Cross-Border RMB Business Bank” for the fourth time.

      Over the past year, Bank of China drew on its strengths in international competition to seize the opportunities in trade finance and RMB internationalization, surrounding the national strategies and sticking ot the strategic objective “shoulder social responsibilities to be the best bank”. For the whole year of 2015, its international settlement amount was USD 3,980,000,000,000, and cross-border RMB settlement amount was USD 5,390,000,000,000, leading globally.   

     The “China’s trade finance excellence award” appraising activity is held by Trade Finance Committee of China Banking Association. Juries make appraisals according to the development scale, management level, innovation capacity, market influence, etc. of participating banks. This appraising activity is much scientific, authoritative, and influential.