OREANDA-NEWS. July 13, 2011. JPMorgan Chase Bank (China) Company Limited announced the opening of its Harbin branch, the bank’s sixth branch in mainland China. The new branch will accelerate J.P. Morgan's expansion into China’s northeastern region, and is an important milestone in the firm’s continuing expansion in China, reported the press-centre of J.P. Morgan.

The branch in Harbin positions the bank to capture the immense growth potential in China’s northeastern region by offering a broad range of wholesale financial products and services. These include cash management, trade finance, loans, foreign exchange, and risk management.

Gaby Abdelnour, Chairman and CEO of J.P. Morgan Asia Pacific said, “We are pleased to announce our presence in Harbin, a great city with a rich cultural, industrial and financial heritage. The opening of Harbin branch demonstrates our continued commitment to expanding our footprint in China.”