Connect with us

Banking

SCSB’s Strategic Alliance “3 Shanghai Banks”

the scsb

To take advantage of the trends of cross-strait financial deregulation and enhance the competitive advantage of financial operations in the Taiwan-China-Hong Kong area, the Shanghai Commercial & Savings Bank (SCSB) has formed a strategic alliance with Bank of Shanghai in China and the Shanghai Commercial Bank in Hong Kong since 2000 in areas of businesses including remittance, foreign exchange, trade finance and syndicated loans. SCSB also works closely with these banks on employee development, mutual corporate image, and partnership in credit card and wealth management services.
The 3 banks complement one another in operations through a close-knit cooperation. With a shared corporate image, same uniform and networks worldwide, the 3 banks have built an optimal financial service platform spanning the Taiwan-China-Hong Kong area. Currently, the 3 banks have about 400 service locations worldwide, with about 13,000 employees and US$ 160 billion in total assets. SCSB has always enjoyed an advantage in foreign exchange and cross-strait finance totally US$300 billion annually. It makes further use of the service platform built on the “3 Shanghai Banks” strategic alliance to provide differentiated and distinguished financial service to superior customers worldwide.

the scsb

the scsb

Editorial & Advertiser disclosure
Our website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
Global Banking and Finance Review Awards Nominations 2021
2021 Awards now open. Click Here to Nominate

Recommended

Newsletters with Secrets & Analysis. Subscribe Now