Exim Bank of China


Exim Bank of China
Export-Import Bank of China
中国进出口银行
Type State-owned enterprises
Industry Banking
Founded 1994
Headquarters Beijing, People's Republic of China
Key people Li Ruogu (Chairman & President)
Products Financial services
Website www.eximbank.gov.cn

The Export-Import Bank of China (China Exim Bank) (simplified Chinese: 中国进出口银行; traditional Chinese: 中國進出口銀行; pinyin: Zhōngguó Jìnchūkǒu Yínháng) is one of three institutional banks in China which chartered to implement the state policies in industry, foreign trade, diplomacy, economy and finance to provide policy financial support so as to promote the export of Chinese products and services. It was founded in 1994, and is subordinated to the State Council.[1]

China Eximbank does not publish figures for overseas loans. However, U.S. officials estimate that it finances more than the total export financing of the Group of Seven industrialized nations combined.[2] The Financial Times estimates that in 2009 and 2010, China Eximbank and China Development Bank (CDB) together signed loans of at least $110 billion to other developing country governments and companies, more than the World Bank over a similar period.[3]

China Eximbank does not abide by export financing guidelines promulgated by the OECD, sparking criticism from competing export nations. According to U.S. Export-Import Bank Chairman Fred Hochberg, "They're winning deals in part because they're not playing by the rules." [4]

Contents

Organizational structure

Internal Departments

  • Executive Office
  • Human Resources Department
  • Business Development & Innovation Department
  • Corporate Business Department
  • Shipping Financing Department
  • Onlending Department
  • Planning & Financial Management Department
  • Evaluation Department
  • Auditing Department
  • Legal Affairs Department
  • International Business Department
  • Risk Management Department
  • Administrative Department
  • Supervision Office
  • Economic Research Department
  • Department of Special Account Financing
  • Corporate Business Department
  • Concessional Loan Department
  • Treasury Department
  • Information Technology Department
  • Compliance Department
  • Accounting Department
  • Workers Union
  • Software Development Department
  • Party & League Affairs Department

Business Branches

See also

References

External links


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