BANK OF CHINA NEW YORK BRANCH WON THE “BEST RMB BANK U.S.A.” AWARD FOR THE FOURTH CONSECUTIVE YEAR

News Apr 17, 2024

Recently, “The Asset” magazine announced the results of the 2024 “Best RMB Bank” awards. Bank of China (USA) won the “Best RMB Bank in the United States” award for the fourth consecutive year among fierce competition with large global banks. Meanwhile, Bank of China New York Branch collaborated with our Head Office and Bank of China Hong Kong to assist 16 subsidiaries/branches globally in also winning the “Best RMB Bank” award in their respective locations for the first time. Among the 38 participating countries/jurisdictions, Bank of China group won in 19 of them this year.

Since the launch of Bank of China New York Branch’s RMB Clearing Bank in January 2019, the Bank has continuously improved our RMB product and service capabilities, and actively participated in various marketing activities in the local market, enhancing the Bank’s overall profile as a leading Chinese financial institution in the United States. Over the years, Bank of China New York has persistently promoted the development of RMB products, strived to cultivate the local market in the United States, and continuously promoted the sustainable development of RMB business in the United States. This year, "The Asset" magazine awarded the "Best RMB Bank in the United States" to Bank of China (USA) again for the fourth time, fully reflecting the high recognition by our customers and the local market for the Bank’s capabilities, advantages and diversity in RMB products and services.