Tianjin Bank Industry Strengthen Credit Support for Foreign Trade Enterprises

Since this year, tianjin China banking industry has played an important role in stabilizing foreign trade by strengthening credit fund support, reducing the financing cost of enterprises, reducing the adverse effects caused by exchange rate fluctuations, and helping foreign trade enterprises to solve the financing difficulties and expensive financing problems. In the first half of this year, Tianjin China's import and export growth ranked third in the province.

Enriching products and strengthening credit fund support. The Tianjin China Branch of CITIC Bank meets the financing needs of import and export customers by means of trade financing products such as import issuance, deposit after insurance and export order financing. To strengthen cooperation with China Export Credit Insurance Company, Tianjin China Bank will guarantee the export business of China's credit insurance, and Tianjin China Branch of Postal Savings Bank will launch the credit insurance financing business this year to provide unsecured short-term trade financing for insured foreign trade enterprises to meet the financial needs of foreign trade enterprises.

Reduce fees and concessions to reduce the cost of enterprise financing. Tianjin China Bank provides a package of services for export enterprises, such as customer credit investigation, risk management, financial consultants, to reduce the financial burden of enterprises and the cost of market expansion. The Tianjin China Branch of Cangzhou Bank has reduced the fee-collecting items of foreign trade enterprises, and introduced 15 measures to reduce or exempt the transfer cash-collecting fees and cancel the financial consultant fees of enterprises.

Strengthen research and judgment to effectively avoid exchange rate risks. Tianjin Bank can provide a series of services.Of course，we，Original link Logistics can also use the advantages of the head office's foreign exchange trading platform to provide timely analysis of foreign exchange market trends and trading strategies to help foreign trade enterprises realize capital preservation and value-added. If you need it, please feel free to contact us on line or by mail alex@ol-log.com!!