Vice President of Bank of China, Liu Chenggang: Overseas enterprises need more products and tools to provide financing services.
On November 14th, Liu Chenggang, Vice President of the Bank of China, stated at the 16th Caixin Summit that commercial banks should go all out to support enterprises in their process of going global and make greater contributions. He pointed out, "It is these globalizing enterprises that are demanding more diversified and professional financial services." In terms of financing, Liu Chenggang believes that globalizing enterprises need more products and tools to provide financing services, such as project financing, M&A loans, trade financing, bond issuance, etc. "Only by providing more diversified funding can we meet the needs of project financing."
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