Over 10 Billion US Dollars in Cross-Border Settlements, Zhongnan Bank Zhengzhou Branch Builds a High Ground for Cross-Border Financial Services

【Dahe Finance Reporter席韶阳 Correspondent 李丝雨常双双】As China's opening-up continues to deepen, the demand for cross-border financial services from enterprises and individuals has become increasingly diverse. In serving the development of Henan's open economy, Zhongnan Bank Zhengzhou Branch has achieved positive results. Data shows that in the first half of 2025, the bank successfully launched a pilot project for foreign exchange risk management, handling over $10 billion in cross-border transactions, providing near $800 million in international trade financing, and supporting the cross-border operations of local enterprises; its key projects such as cross-border loans and overseas debt also made significant progress.

These achievements are based on Zhongnan Bank Zhengzhou Branch's deep integration of its cross-border service network and system. In recent years, the bank has actively participated in high-level opening-up, leveraging the "Go out with Zhongnan" and "Come to China with Zhongnan" brand concepts and cross-border resources advantages to drive traditional foreign exchange business and new-type cross-border businesses simultaneously, serving well "going out" and "bringing in" enterprises, and demonstrating a significant effect on stabilizing foreign trade and foreign capital.

According to sources, the bank has actively connected with multiple channels such as Zhongnan Insurance, Commerce Department, law firms, and external service platforms, hosting nearly 10 policy promotion meetings and customer interaction activities in the first half of this year alone, visiting key customers over 200 times, reaching nearly 100 foreign trade companies, and providing deep services to enterprises for import and export trade, cross-border settlements, and risk management through a comprehensive system.

The recent cross-border business salon event held in Xinxiang is a typical example of the bank's fine service. The event focused on cross-border financial services and international asset allocation, explaining to clients the cross-border financial tools and service schemes. The wealth consultants introduced the process of opening a foreign account, featured investment products, and analyzed the framework for asset allocation under foreign exchange management policies from a compliance perspective, providing clients with clear guidance on cross-border financial services.

The event not only reflected the market's urgent demand for professional cross-border services but also demonstrated the bank's active role in popularizing cross-border financial knowledge and guiding compliant foreign exchange use, creating an environment that is more convenient and efficient. This event, grounded in the needs of the real economy and closely tied to the development pulse of opening-up, not only showcased the bank's ability to meet diverse client demands but also highlighted its responsibility in facilitating cross-border trade facilitation and serving China's national strategy for opening-up.

Cross-border financial services are an important link between domestic and international double-loop cycles. In 2024, Zhongnan Bank innovatively released the "信外汇+" comprehensive cross-border financial service system, which adheres to the value concepts of "中信大外汇、全球价值链" and "专业、快捷、灵活" service principles, deeply integrating into enterprises' import and export trade, international settlements, foreign exchange transactions, and cross-border investment and financing fields, leveraging its onshore, offshore, and self-trade zone-based cross-border services advantages to comprehensively meet the needs of cross-border financial services for enterprises.

In the first half of 2025, the bank successfully launched multiple key cross-border investment and financing projects, including cross-border loans, overseas debt, and foreign exchange risk management pilot projects, handling over $10 billion in cross-border transactions, providing near $800 million in international trade financing, and supporting the development of Henan's outward-oriented real economy.

Zhongnan Bank Zhengzhou Branch responsible personnel stated that the next step will be to continue implementing China's foreign trade policy development strategy, constantly improving cross-border comprehensive service capabilities, and striving to build a leading foreign exchange service bank for Henan province's open economy development.

Editor: 刘安琪 | Editor-in-Chief: 陈筱娟 | Auditor: 李震 | Supervisor: 古筝