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Brief Introduction

On January 23rd 2013, ICBC Brazil was officially established and then formally open to business on September 26th of the same year. ICBC Brazil business vision is to become a full-function bank that provides integrated services, mainly including corporate banking and retail banking, taking full advantage of the increasing economic and trade exchanges between China and Brazil and of opportunities generated by their exchanges.

Up until now, ICBC has built a global financial service network with diversified channels, distinct levels, reasonable position and efficient operation, covering the five continents - Asia, Africa, Europe, America and Oceania. Relying on well-qualified business competence, rich professional experience and global financial network, ICBC Brazil will provide to its customers tailor-made financial services, devoting itself to increase its customers’s value.

Based on strategy of “Grounded on Brazil, radiating Latin America”, ICBC Brazil will i) strengthen the bonds with important customers and satisfy their needs in the area of credit and cash management; ii) expand business scope, including trade finance services such as letter of credit, bank guarantee, international settlement and pre/post-shipment export credit, syndicated loan, corporate deposit and direct commercial loan; iii) extend business areas of retail banking and financing in the future.