Huaxia bank's first cross-border deal for carbon emission reductions
In late February, tonglu water and electricity engineering development co., LTD and Germany's RWE energy group, euro 430000 carbon dioxide emissions rights cross-border trade settlement smoothly in xiaoshan jincheng huaxia bank branch, pioneered the hangzhou branch "environmental rights trading accounts settlement of exchange.
As of late 2012, the bank of China hangzhou branch related to energy conservation and emissions reduction, environmental protection project loan balance is RMB 664 million. In the field of cross-border carbon trading, huaxia bank actively innovative financial products and services, through the provision of cross-border settlement, importers, written guarantee, financing and credit evaluation, management of accounts receivable, sales account management, payment collection and comprehensive financial services to strengthen the support of CDM projects trading enterprises, realize win-win situation argues.
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