The first batch of foreign trade enterprises in China successfully established standardized bills

On July 29, the first batch of standardized bills issued by foreign trade enterprises in China was officially landed in China Citic Bank Nanjing Branch with the successful establishment of "Xinyin Nanjing Sumeida's first standardized bills in 2020".

On June 28, the People's Bank of China officially released the Measures for the Administration of Standardized Bills, which came into effect on July 28. Standardized bills are the first bill products in China. By packaging the same type of bill assets and forming asset pools, standardized bills are issued in the open market, providing a new choice for foreign trade enterprises to finance their customers.

Citic bank nanjing branch actively implement the central bank policy, rapid action, fully comprehend solution specification standardization bill financing mechanism, better service the purpose of the foreign trade enterprise financing, relying on the advantages of foreign trade in jiangsu province resources, makes every effort to under the guidance of the new method, develop new ideas and create a new product, support the development of the real economy in jiangsu; Based on the manufacturing industry in Jiangsu province, we have sorted out local customers in multiple dimensions and made full efforts to promote it within the jurisdiction of Jiangsu Province, so as to meet all requirements of the initial issuance of the People's Bank of China.

After persistent efforts, as one of the first products to issue the disclosure announcement on July 28, the effective date of the document, "Xinyin Nanjing Sumeida 2020 Phase I Standardized notes" of China Citic Bank Nanjing Branch was recognized by the market. On July 29, Guolian Securities and other investors applied for and successfully created the product. This product has become one of the first batch of standardized bills of foreign trade enterprises in China and will be recorded in the history of domestic bill business development.

The landing of the first batch of standardized bills issued by foreign trade enterprises in China is a full manifestation of citic Bank nanjing Branch's vision of "being the best comprehensive financial service foreign trade enterprise with responsibility, temperature, characteristics and dignity" and its continuous improvement of product creation ability and management ability. China Citic Bank Nanjing Branch will continue to implement the policies of the central bank, keep up with the market demand and pace, strengthen the customer operation system, continuously solve the financing problems for jiangsu foreign trade enterprises through compliant new products, and strive to serve the development of jiangsu real economy.