with the successful creation of "cbn nanjing sumida 2020 phase i standardized bill" on july 29, the first batch of standardized bills for foreign trade enterprises in china officially landed in nanjing branch of china citic bank
on june 28, the people's bank of china officially issued the measures for the administration of standardized bills, which came into force on july 28. standardized bill is the first bill product in china. it provides a new choice for enterprise customers' financing by packaging the same type of bill assets and establishing an asset pool to be issued in the open market
china citic bank nanjing branch actively responded to the central bank's policies, quickly organized actions, fully understood the purpose of standardizing the bill financing mechanism and better serving enterprise financing, relied on the advantageous resources of jiangsu's major foreign trade province, and strived to expand new ideas, develop innovative products and support the development of jiangsu's real economy under the guidance of the new measures; based on the manufacturing industry in jiangsu, we combed the local customers in multiple dimensions and made every effort to promote it within the jurisdiction of jiangsu, so as to meet all the requirements of the first issuance of the people's bank of china
as one of the first products to issue the disclosure announcement on the effective date of the document on july 28, china citic bank nanjing branch's "xinyin nanjing sumida 2020 phase i standardized bill" was recognized by the market. on july 29, guolian securities and other investors successfully applied for the purchase and created the product. the product has become the first batch of standardized bills for foreign trade enterprises in china
china citic bank nanjing branch will continue to respond to the central bank's policies, keep up with the market demand and rhythm, strengthen the customer management system, and continuously solve the financing problems for jiangsu enterprises through compliant new products to serve the development of jiangsu's real economy