Monday 5 December 2016

NEW ITFA MEMBERS

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

Zhejiang Mintai Commercial Bank Company Ltd. is the strongest bank in Zhejiang. China. They employ more than 5500 employees, working from 11 branches, and having 116 sub-branches in many areas of China. Until  the end of 2015, the bank's total assets were USD 162billion. Moreover, since 2010, the bank has gained its position as one of the top 1000 global banks on a British magazine titled ''The  Banker''.

The Bank has expanded its International business from 2005. Through this increased business, it has brought about huge profits of USD 13billion  by the end of  2015. They currently hold business relationships with 263 correspondent banks, covering 53 countries from all areas over the world. They offer 16 different sorts of products in the line of international business.

Lili Jiang will be the main contact for all ITFA related matters.

British Arab Commercial Bank (BACB) is a London-based bank with 45 years’ experience specialising in providing finance for commercial clients in developing markets who want to trade and invest internationally. It provides trade finance, commodity finance and lending solutions for major corporations and financial institutions in these markets, acting as a bridge between local markets and international markets.

John Fussell will be the Main Delegate for all ITFA related matters.






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