OREANDA-NEWS. July 25, 2013. British magazine Trade Finance announced the evaluation results for the global trade finance category in 2013, where BOC was awarded with the prize of "Best Trade Finance Bank in China" again.

"Trade Finance Award for Excellence" is the most time-honored professional award in trade finance, with its evaluation organized by the British magazine Trade Finance annually. BOC has won this award for eight consecutive years by virtue of its leading position in international settlement and trade finance business.

Since this year, based on the market demands and characteristics of industrial development, BOC has provided a number of innovative products and services to meet customers' needs for integrated and customized financial services. In the first half of this year, BOC has achieved an international settlement volume of more than USD 1.5 trillion and acquired a volume of USD 3.491 billion in two-factor export factoring business, ranking the first in the world. Since 2009, the cumulative cross-border RMB settlement amount of BOC has exceeded RMB 6 trillion.