中文CN
Introduction to Offshore Business
(I) Definition

Offshore banking refers to the financial activities in which banks absorb funds from non-residents and serve non-residents."Non-resident" refers to the natural person or legal person (including the Chinese territory registered abroad) outside the Chinese mainland (including Hong Kong, Macao and Taiwan).Foreign-invested enterprises), government agencies, international organizations and other economic organizations, as well as overseas branches of Chinese-funded financial institutions,However, it does not include overseas representative offices and offices of domestic entities.

In recent years, according to the adjustment of financial supervision policy,The scope of offshore financial services has gradually expanded to offshore financial services of domestic institutions in line with regulatory policies.For example, cross-border financing business of domestic institutions.

(II) Historical review

The offshore business of our bank originated from the former Shenzhen Development Bank. In August 1996, our bank became the "National Pilot Bank for Standardization of Offshore Banking Business";In January 1999, the People's Bank of China and the State Administration of Foreign Exchange suspended the offshore assets business of all commercial banks in China;In June 2002, with the approval of the head office of the People's Bank of China, our bank resumed offshore banking business in an all-round way.It has become one of the only four commercial banks in mainland China to obtain offshore banking licenses.

Since 2015, our bank has seized the development opportunities of the national free trade pilot area strategy.It has taken the lead in setting up offshore business centers in Shanghai, Tianjin, Qianhai, Hengqin, Nansha, Fuzhou, Xiamen and other free trade zones.Adhering to the concept of "change, innovation and development", we constantly promote business innovation and improve service quality.Provide high-quality offshore financial services for domestic and foreign enterprises.

(III) Service characteristics
"One-stop" offshore financial services

● No matter where the enterprise is registered and operated overseas

● Realize domestic management of overseas capital and domestic operation of overseas business

● Efficient linkage of "domestic and overseas, local and foreign currencies, offshore and onshore" to meet the cross-border and overseas financial needs of enterprises

● Industry-leading intelligent service level, easy, efficient and safe operation

● Effectively reduce cross-border operational risks and management costs of enterprises

"Integrated" Global Financial Services

● Relying on the strong comprehensive financial advantages of Ping An Group

● Fully meet the cross-border diversified financial needs of China's "going global" enterprises, such as settlement, investment and financing, trust, securities, leasing, insurance, etc.

"Housekeeping" offshore financial services

● Effective use of domestic and foreign, domestic and foreign currency and other differentiation factors to help enterprises avoid risks and gain profits

● Customize offshore financial service solutions according to customers' individual needs

● Provide full-process follow-up offshore financial services for the whole cross-border operation cycle of China's "going global" enterprises