BANKCOMM Holds 2026 Overseas Work Conference

Deep News01-28

From the afternoon of January 27th to the morning of January 28th, BANKCOMM's 2026 Overseas Work Conference was convened in Shanghai. Aligned with the bank-wide Party building and operational work meetings, the conference focused on researching and promoting the high-quality development of overseas institutions. In attendance were Chairman Ren Deqi, President Zhang Baojiang, Vice Presidents Yin Jiuyong and Qian Bin, Head of the Discipline Inspection and Supervision Team stationed at BANKCOMM Yang Huiliang, Vice President Gu Bin, and Business Director Tu Hong.

The meeting centered on implementing the guiding principles of the Fourth Plenary Session of the 20th Central Committee, the Central Economic Work Conference, and the National Financial System Work Conference. It aimed to carry out all requirements set forth by the head office's Party building and operational work meetings and to deploy strategies for driving the high-quality development of overseas institutions.

The conference called for overseas institutions to strengthen their sense of responsibility and ensure meticulous implementation of tasks. They were urged to intensify efforts in serving high-level opening-up, forge new advantages in cross-border financial services, safeguard financial and compliance security, and promote high-quality development in management and operations. Specific directives included: First, developing distinctive cross-border financial features to effectively serve high-level opening-up. This involves fully leveraging BANKCOMM's integrated operational advantages across "domestic and international, onshore and offshore, local and foreign currency," synergizing to support the high-quality development of the Belt and Road Initiative, assisting Chinese enterprises in going global, advancing the internationalization of the RMB, and supporting the development of Shanghai and Hong Kong as international financial centers. Second, adhering to compliant and prudent operations by enhancing comprehensive risk management, strengthening cross-risk prevention and control, bolstering resilience against external shocks, and balancing security with development. Third, scientifically planning the operational and development strategies for overseas institutions during the "16th Five-Year Plan" period, tailoring their functional positioning to local conditions, optimizing development structures, solidifying management foundations, building a strong talent pool, and driving high-quality, sustainable development.

Also present at the meeting were the Deputy Head of the Discipline Inspection and Supervision Team stationed at BANKCOMM, principals from relevant head office departments, and the chief responsible persons of the overseas institutions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment