Cross-border business volume and quality soar as HARBIN BANK expands its international "circle of friends"
Harbin Bank actively expands its cross-border business in the first half of 2025, collaborating with financial institutions from 13 countries along the "Belt and Road" initiative to promote cross-border RMB payments, with significant growth in cross-border clearing and settlement services. The bank has improved its cross-border financial product system, doubling the number of cross-border clients year-on-year, and successfully implemented the first cross-border trade settlement business for border residents in Heilongjiang Province. The expansion of cross-border business helps optimize the revenue structure and enhance brand international influence, with the potential to further strengthen market competitiveness in the future
In the first half of 2025, Harbin Bank (06138) actively integrated into the domestic and international "dual circulation" pattern, achieving remarkable results in cross-border business. It collaborated with over a hundred financial institutions from 13 countries along the "Belt and Road" initiative, promoting cross-border RMB payments as a direct participant in CIPS, with a significant increase in the total volume of cross-border clearing and settlement business. The bank improved its cross-border financial product system, achieving full coverage of scenario services, and the number of cross-border customers doubled year-on-year. By adhering to innovation in serving cross-border financial business, it successfully implemented the first border trade settlement business in Heilongjiang Province and received industry awards. The expansion of cross-border business helps optimize the income structure and enhance brand international influence, with the potential to further improve competitiveness in the cross-border financial market under future policy and market opportunities
