Suzhou Industrial Park

Home page > Top stories


UOB (China) Suzhou Branch Opens for Business


Date:   |   Source:       Font Size:    A   A   A

United Overseas Bank (China) Limited (UOB (China)) opened its 17th branch in Suzhou on November 5 in Suzhou Industrial Park. The newly opened Suzhou Branch aims to avail itself of the new experiment in financial innovation in Suzhou to provide cross-border RMB financing solutions for trade between China and Southeast Asian regions and to support the growing cross-border trade volume of Jiangsu Province.

The Singapore-headquartered UOB was incorporated in 1935 as a leading banking corporation in Asia with a network of over 500 offices spanning 19 countries and regions in Asia-Pacific, West Europe, and North America.

As a leading banking institution of the world, UOB has accumulated rich experience and expertise in cross-border financing, which will stand the newly established Suzhou Branch in good stead in offering services and products to Suzhou and other cities of Jiangsu in cross-border financing and the two-way capital pool solutions.

On the opening day, UOB (China) Suzhou Branch signed MOUs respectively with Parkway Health (Shanghai) Co., Ltd., China Council for the Promotion of International Trade Suzhou Branch, and China-Singapore SIP Development Co., Ltd. (CSSD).


November 6, 2015