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Brief Introduction of Bank of China (Europe) S.A. Lisbon Branch

2023-03-07

Bank of China (Europe) S.A. Lisbon Branch began its business in April 22, 2013, officially opening its doors on July 1st of the same year. This is the only branch established by the Bank of China in the Iberian Peninsula, as well as the first Chinese-funded commercial bank registered in Portugal.

Since 2013, Bank of China (Europe) S.A. Lisbon Branch has provided credit support to our clients, including project finance, trade finance and so on. As a member of the BOC Group, the Lisbon Branch has supported several Chinese "Go Abroad" entities for their projects in Portugal, as well as Portuguese local companies, making joint efforts in order to expand its cooperation with local financial institutions, and provide comprehensive financial services to the Portuguese market.

Lisbon branch also began to expand its horizons, through the Bank of China Overseas branches, linking local Portuguese customers and financial institutions to Spain, Brazil, Mozambique, Angola, Macao, as well as other Portuguese-speaking countries and regions. Under the background of Belt and Road Initiative and RMB internationalization, in the new development stage, we will foster a new development paradigm with new development philosophy and seek high-quality development.

The Lisbon branch also provides many services to our individual clients, including account openings, deposits and remittances. With the high-quality, excellent reputation and great service provided by the Bank of China, the Bank of China (Europe) S.A. Lisbon Branch has already attracted many clients from all over the world, such as several European Union countries, Hong Kong, Macao as well as mainland China (among others).

In the exercise of its daily business activities, Bank of China (Europe) S.A. Lisbon Branch maintains good relations with the Portuguese Central Bank (BDP), the Portuguese Tax Authority (AT), and the National Commission for Data Protection (CNPD), displaying responsibility in the fulfillment of its duties of report and compliance with all the laws and regulations that apply to it.

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