链接中非合作新机遇 浙江稠州商业银行受邀参加中非经贸西湖大会
Mei Ri Shang Bao·2025-11-25 00:01

Core Insights - The Fourth China-Africa Economic and Trade West Lake Conference was held in Hangzhou, focusing on enhancing economic ties between China and Africa [1] - Zhejiang Chouzhou Commercial Bank presented its "fast track" financial solutions to address challenges faced by companies operating in Africa, particularly in currency exchange and funding recovery [1] Group 1: Financial Solutions - Chouzhou Bank has developed a comprehensive cross-border financial service system that includes settlement, financing, and risk control [1] - The bank achieved a significant breakthrough by enabling direct settlement in six African currencies, including the Nigerian Naira and South African Rand, facilitating trade without the need for conversion to a third currency [1] - This innovation reduces transaction time from several days to same-day processing, significantly lowering exchange costs and financial risks for enterprises [1] Group 2: Global Reach and Customization - Chouzhou Bank leverages its geographical advantages as a city commercial bank rooted in Yiwu, extending its services globally through a network of over 973 banks in more than 100 countries [2] - The bank's team received high recognition at the conference for providing tailored financial solutions addressing the needs of key African industries such as construction materials and machinery [2] - The focus on digital and intelligent financial innovations aims to make cross-border settlements as convenient as domestic transfers, contributing to the high-quality development of China-Africa economic relations [2]