On December 28, the first foreign invested bank - Changzhou Branch of Metrobank officially opened.
Party secretary Fan Yanqing attended the opening ceremony. He said Changzhou had owned 19 financial institutions and 14,000 employees. The establishment of Changzhou Branch of Metrobank further promotes the formation of diversified and multi-level banking and financial system in Changzhou.
It is understood that Metrobank Changzhou Branch mainly focuses on the customers of small and medium enterprises with annual income of 30 to 300 million yuan. The bank will provide credit products of 5 to 10 million yuan to meet the financing demand of SMEs.
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