Bank of China (Közép-Kelet-Európa) Zártkörűen Működő Részvénytársaság products, services and reviews

About Bank of China (Közép-Kelet-Európa) Zártkörűen Működő Részvénytársaság

Bank of China (Közép-Kelet-Európa) Zártkörűen Működő Részvénytársaság is the Hungarian subsidiary of the state-owned Bank of China group and operates primarily as a wholesale bank serving corporate and institutional clients in Hungary and the Central‑Eastern European region; it holds a Hungarian banking license and is subject to local and EU regulatory oversight. The unit focuses on trade finance, export‑import lending, letters of credit, project and syndicated financing, foreign‑exchange services and cross‑border payment and settlement solutions, including renminbi clearing and other RMB‑related facilities that facilitate trade between China and the region. Its client base is concentrated in corporates, financial institutions and entities involved in China–Europe trade and investment, rather than retail consumers, and its physical footprint is limited compared with domestic retail banks. As a subsidiary of a large Chinese banking group, its business profile entails exposure to trade, currency and country‑risk dynamics tied to Sino‑European commercial flows and to regulatory developments both in Hungary and at the EU level.