三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

News

Home> News

SSVB unveils RMB business

Updated: 2015-09-19

( China Daily USA )

The SPD Silicon Valley Bank (SSVB) on Sept 9 introduced RMB business to its Chinese customers, and the move is expected to benefit more local tech and innovation companies as well as their investors. The first batch of 20 companies signed contracts for the new service on the very same day.

SSVB, a joint venture between Shanghai Pudong Development Bank Co Ltd (SPD) and US-based Silicon Valley Bank (SVB), was founded in 2012 and is China’s first commercial bank dedicated to such businesses.

David Jones, president of SSVB, said that the growth momentum of technology and innovation companies in Shanghai is creating significant opportunities for the bank and its RMB capability.

“Our RMB capability will bring tailor-made financial solutions to companies of all stages and will help facilitate their global aspirations,” Jones added.

According to Greg Becker, president and chief executive officer of SVB, being able to operate in RMB enables SSVB to support their clients’ financial needs onshore and offshore. The Shanghai-headquartered bank is currently able to offer commercial bank services for onshore accounts, deposits and loans in foreign and local currency, foreign exchange and online banking.

Wu Xin, president of TV Mining, said that the biggest difference between SSVB and a traditional bank is that the latter is focused on assets and mortgages while SSVB takes into account innovation quality and industrial insights.

Tu Guangshao, deputy mayor of Shanghai who attended the inauguration ceremony of the bank, said that the city can learn from SVB’s experiences in the US as it seeks to become a global technological innovation center. The municipal government of Shanghai approved a framework in May for transforming the city into a technological innovation center.

More business opportunities are expected to emerge following the launch of this RMB service.

“In the next steps, Shanghai Pudong Development Bank will continue to support SPD Silicon Valley Bank’s growth and the two parties can team up in areas like RMB credit business, cross-border RMB business, funds custody, assets management, financial market, interplay of equity and debt. Together we will explore innovative financial models of serving China’s tech and innovation space,” said Ji Xiaohui, chairman of SPD.

China’s technology innovation industry has been rapidly expanding in recent years, and demand for financing by emerging technological enterprises has been rising as a result. In the first quarter this year, nearly $3 billion was generated through venture capital by Chinese technological innovation enterprises, a jump of 69 percent year-on-year, the Securities Times reported.

Over the last three years, SSVB has been working on building an innovation eco-system in China through SVB’s global network and SPD’s expertise in the local market. Apart from its banking services, SSVB is also building innovation partnerships with research institutes, innovation incubators, investors, as well as tech and innovation companies.

主站蜘蛛池模板: 日韩欧美一级毛片精品6 | 国产毛片久久国产 | 狠狠色丁香婷婷综合激情 | 高h文bl | 草草线在成人免费视频 | 美国一级毛片免费视频观看 | 日韩中文字幕不卡 | 成人影院午夜久久影院 | 九九热这里只有国产精品 | 日本美女一区二区 | 一本久道久久综合婷婷五 | 国产精品一区二区久久精品 | 中文精品爱久久久国产 | 毛片一级 | 中文字幕亚洲一区二区v@在线 | 国产精品一区二区免费福利视频 | 三级中文字幕永久在线视频 | 在线免费黄 | 中日韩在线 | 免费看毛片软件 | 国产精品日本一区二区不卡视频 | 黄色网络在线观看 | 久久综合九色综合桃花 | 永久免费的啪啪免费的网址 | 国产夫妇精品自在线 | 亚洲一区二区三区四区 | 成人小视频在线免费观看 | 欧美最黄视频 | 中文字幕在线观看一区二区三区 | 久免费视频 | 亚洲 日本 欧美 中文幕 | 久久毛片免费看一区二区三区 | 青青青青久久国产片免费精品 | 青草视频在线观看免费 | 亚洲婷婷天堂在线综合 | 九九精品免视看国产成人 | 国产全黄a一级毛片视频 | 成人精品视频 | 护士精品一区二区三区 | 9191国语精品高清在线最新 | 免费特级黄毛片在线成人观看 |