Tuesday 18 October 2016

NEW ITFA MEMBERS

The ITFA Board is pleased to announce the following two new members.

Hogan Lovells International LLP is one of the largest international law firms with 50 offices around the world. It has recognised market leading practices in international trade, trade finance and trade regulation working from all the main global financial centres.

Andrew Taylor will be the main contact for all ITFA related matters.

Founded in 1908, Bank of Communications Ltd. (BoCom or BoComm) is one of the oldest banks in China. In June 2005 the Bank was listed on the Hong Kong Stock Exchange, becoming the first Chinese commercial bank ever listed out of China. In May 2007, it was listed on the Shanghai Stock Exchange. 

As of December 31, 2015 Bank of Communications is China’s 5th-largest commercial bank by asset, which has set up 14 branches or subsidiaries in Hong Kong, New York, Tokyo, Singapore, Seoul, Frankfurt, Macau, Ho Chi Minh City, London, Sydney, San Francisco, Toronto, Brisbane and Luxembourg, and one representative office in Taipei, with a total of 56 outlets (excluding the representative office) at overseas markets.

Bank of Communications is a commercial bank with services including asset management, bills of exchange, bonds, capital markets, corporate finance, correspondent banking, documentary credits, factoring, foreign exchange, guarantees, international settlements, internet banking, money markets, portfolio management, syndicated loans etc. Bank of Communications is among the first batch of pilot banks to provide cross-border RMB services and was named the RMB clearing bank in Seoul. The Bank offers a full spectrum of cross-border and overseas RMB services and products including settlement, financing, credit, capital, bond, wealth management and investment.

Liu Yang will be the main contact for all ITFA related matters.




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