BOC HONG KONG launches Guangdong Enterprise Financial Resource Center service plan to assist Guangdong enterprises in going global

BOC HONG KONG (02388.HK) announced the launch of the "BOC Guangdong Enterprise Financial Center Service Plan," focusing on the core financial needs of Guangdong enterprises going overseas. By collaborating with its parent bank, Bank of China, and the Guangdong and Shenzhen branches, it provides cross-border financial service support for enterprises in Guangdong Province. Wang Huabin, Vice President of BOC HONG KONG, stated that as a partner of the Hong Kong Special Administrative Region Government's "Mainland Enterprises Going Overseas Task Force," BOC HONG KONG offers seamless global cross-border financial service support for enterprises going abroad.

The plan establishes a financial center for enterprises in Hong Kong, providing products and services such as direct bank-enterprise connections, cash pool setup, global payment and collection, RMB settlement and financing, foreign exchange conversion, and deposit appreciation, as well as multi-dimensional support including organizational structure design, specialized project implementation, benchmark case sharing, and operational launch. This aims to assist Guangdong enterprises in enhancing global financial management and fund utilization efficiency, while strengthening their ability to cope with multi-currency settlements and exchange rate risks.

In addition, the plan aligns with the characteristics of Guangdong enterprises focusing on global layout, providing full-cycle, one-stop financial services for different stages of going overseas to Southeast Asian countries and regions, including research preparation, capital injection initiation, factory construction, and operational investment