The Bank of Communications Huaqiao Kunshan Branch have commenced the business from June 29. This branch will a provide more convenient and efficient financing platform for enterprises at Huaqiao.

This branch is affiliated with the Bank of Communications Kunshan Branch, which has been successively appraised for its advanced branch system. This year, it is devoted to strengthening the core competitiveness, including business expansion, rick control, cost reduction and benefit enhancement.

From the beginning of this year, Kunshan Branch has fixed Huaqiao Economic Development Zone as a new backbone business and tried to introduce its feature services into Huaqiao. Up to now, Kunshan Branch has achieved cooperative relations with dozens of customers and enterprises.

The total deposits of Kunshan Branch peaked at RMB 7 billion, higher than that of the end of last year by RMB 1.2 billion. The net loans increased by RMB 2.4 billion. The maximum loan amount, Kunshan Branch is accredited to grant on the construction of basic infrastructure at Huaqiao, is now up to RMB 1.32 billion.

By Xie Fang