Corporate Financial Services
In close cooperation with The Shanghai Commercial & Savings Bank and Bank of Shanghai, we have integrated the financial resources of the three regions to provide corporate customers with customised loan, credit facilities and financial leasing services through our Shanghai-Hong Kong-Taiwan Banking Platform Syndicated Loan.
Shanghai-Hong Kong-Taiwan Banking Platform Syndicated Loan
- Sharing of Resources
The three banks cooperate in many areas, including customer referrals, marketing and services. With a broad service network covering Taiwan and Hong Kong enterprise-intensive regions such as Yangtze River Delta, Pearl River Delta, and Bohai Rim, we can take full advantage of resource sharing.
- Flexible Risk Management
Sharing information among the three banks not only improves the efficiency and accuracy of customer information investigation, but also helps liquidise customers’ assets in Taiwan, Hong Kong and China. Customers can select a domestic bank as their proxy based on their needs, in order to minimise legal and operational risks arising from regional differences.
- Lower Financing Costs
This platform enables the three banks to take advantage of the varying fund-raising costs among different currencies, allowing local and foreign currencies to complement each other. Forming such a cross-border financial product system allows customer to meet their low-cost financing needs.
- Dedicated Team of Experts
The three banks formed the syndicated loan marketing and service team to provide customers with professional cross-border financial services and joint customer relationship management. The all-round, personalised services are ready to satisfy our customers’ different business needs.
Loans granted to overseas enterprises with guarantees from domestic enterprises as security
- Our Shanghai branches accept Banker’s Guarantees/Standby Letters of Credit from domestic enterprises as security for financing at our Hong Kong or Taiwan branches, for themselves or their overseas associated enterprises, with the Hong Kong or Taiwan branches providing the financing service to domestic or foreign enterprises.
- Our Hong Kong or Taiwan branches accept Banker’s Guarantees/Standby Letters of Credit from foreign enterprises as security for financing service at our Shanghai branches for certain domestic enterprises, with Shanghai branches providing financing service to such domestic enterprises.
We provide financing leasing services to customers of our Shanghai branches through the subsidiary company of The Shanghai Commercial & Savings Bank (Taiwan) Limited, Shanghai Leasing, and supporting settlement services provided by Shanghai branches.