Xiamen International Bank Empowers Overseas Chinese Entrepreneurs, Building a New Chapter for Green Development
Recently, Xiamen International Bank collaborated with its subsidiary banks in Macau and Jiechu Bank to provide a RMB 1 billion loan to J Group's overseas paper-making industry procurement, which was valued at USD 130 million. This move not only injected financial vitality into J Group's green development but also showcased the bank's deepening commitment to developing Chinese entrepreneurs' financial services and its determination to implement sustainable development principles.
J Group is a well-known overseas Chinese enterprise that has been cultivated for decades, with business spanning multiple fields such as forestry, chemicals, energy, new materials, and consumer goods manufacturing. With substantial assets and a large number of employees, J Group's businesses are spread across Indonesia, China, Brazil, Spain, and Canada. Its overseas paper-making industry is committed to the circular economy concept, using recycled raw materials and green production technology to lead the industry in low-carbon transformation.
Since 2024, Xiamen International Bank has focused on catering to the differentiated needs of overseas Chinese entrepreneurs, setting up a dedicated service team to closely track their development dynamics. Upon learning that J Group was planning to establish a large-scale loan consortium, the bank quickly launched its "Mainland + Macau" three-belt cooperation mechanism and completed the group's credit optimization and foreign loan approval within just one month. The subsequent half-year preparation period saw the team leveraging their rich experience in cross-border loans to efficiently overcome project implementation challenges and ensure smooth business operations, earning high praise from all parties.
In recent years, Xiamen International Bank has fully played out its advantages as a Chinese enterprise, continuously promoting its "Mainland + Macau" cooperation service brand with the driving force of "Chinese entrepreneurship + cross-border finance". For example, the bank's Shanghai branch has established nine new "Overseas Chinese Representative Offices", integrating network resources and extending its services to overseas Chinese entrepreneurs and individuals. By the end of July this year, the bank had reached nearly 2,300 overseas Chinese clients in Shanghai, with a financial business volume exceeding RMB 22 billion, forming distinct service features in cross-border settlement, investment, and financing.
A relevant official from the bank introduced that they will continue to build upon their strengths in Chinese entrepreneurship finance, deepening their cooperation in green development, technological innovation, and other fields, providing more targeted financial solutions for overseas Chinese entrepreneurs. The goal is to create a "Preferred Bank for Overseas Chinese Entrepreneurs", contributing more financial forces to support the root development of overseas Chinese businesses, national high-level opening-up, and dual-circulation patterns.