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Best transaction bank for electronic banking services 2018

Postal Savings Bank of China is an example of the rapid modernization of China’s banking industry. Once seen as an old bricks-and-mortar financial extension of China’s postal service, the bank has made a concerted effort to become a leading e-financial institution to serve consumers across all economic classes and geographies, chief among them villagers and village entrepreneurs in far-flung corners of rural China who – until the advent of smartphones – had no access to e-banking.

June 25, 2018

Best Transaction Banks in China

Transaction bank of the year 2017

Transaction banking is something of a new discipline for Chinese commercial banks. Thanks to the rapid business restructuring it carried out, China Merchants Bank has set itself apart under general manager Zuo Chuanghong from its domestic peers by building the most efficient transaction banking operations among Chinese banks.

July 03, 2017

Best Transaction Banks in China

Best transaction bank for payments services 2017

Postal Savings Bank of China was spun off from state-owned postal service provider China Post Group in 2007. By employing modern technology and leveraging its extensive network in China’s rural areas and small cities, PSBC has become a powerhouse driving e-commerce growth in rural China with a full range of innovative payment products.

July 03, 2017

Best Transaction Banks in China

Best transaction bank for domestic cash management 2017

One reason why China Merchants Bank stood out in the provision of transaction banking is its strength in cash management. In 2016, CMB recorded another year of robust and sustainable business growth in cash management.

July 03, 2017

Best Transaction Banks in China

Best transaction bank for international cash management 2017

Bank of China has the most extensive overseas network among Chinese banks and has achieved remarkable growth in its international cash management business.

July 03, 2017

Best Transaction Banks in China

Best transaction bank for payments services 2019

CCB’s enterprise-level aggregate payment platform was launched in September 2017.

June 28, 2019

Best Transaction Banks in China

Best transaction bank for domestic cash management 2019

Agricultural Bank of China is best known for serving businesses in the nations’ agricultural and rural economies. But the bank has expanded in recent years to provide cash management services to 2.45 million clients across all industries and urban centres, including the majority of China’s top 500 corporations.

June 28, 2019

Best Transaction Banks in China

Best transaction bank for international cash management 2019

Since 2009, Bank of China has invested nearly Rmb600 million ($87 million) in building a domestic and foreign currency, global cash-management platform that connects the banks’ enterprise clients to the world of finance, giving them not only cash management abilities but also access to the global Swift remittance network, and multi-bank cash management systems.

June 28, 2019

Best Transaction Banks in China

Best transaction bank for supply chain finance 2019

Bank of Communications has developed a complete one-stop supply chain management and financing platform that focuses on payment settlement, trade financing and value-added services.

June 28, 2019

Best Transaction Banks in China

Best transaction bank for trade finance 2019

Bank of China remains the most global of Chinese banks when it comes to trade finance. It offers clients a large global network for renminbi exchange and clearing through more than 110 offshore branches. The bank has invested in building out a substantial global IT network that offers clients the ability to manage cash and seek trade financing globally.

June 28, 2019

Best Transaction Banks in China

Best transaction bank for electronic banking services 2019

China Merchants Bank is so serious about improving its customer experience that its transaction banking division recently set up a specialist unit, employing 10 people to research client interactions, both online and offline. The team is using the research results to improve the bank’s service interfaces, both online and offline, as well as to help its biggest clients to tailor-make and build entire e-banking services.

June 28, 2019

Best Transaction Banks in China

Best transaction bank for mobile banking services 2019

Mobile banking is the new battleground for digitalization of corporate banking business. Since the launch of the China Guangfa mobile banking app a few years ago, the bank has received positive feedback from customers.

June 28, 2019

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