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Scotiabank

Overview:

Scotiabank has the largest presence in mainland China among all Canadian banks. We have on-the-ground offices with foreign and local currency capabilities, strong local market knowledge, and provide professional and efficient service. We can help you meet your banking needs in China.

Scotiabank has been in China for more than 20 years with offices located in major markets throughout the country. We have representative offices in the capital, Beijing and in Shanghai, which is the most rapidly growing market in China and home to many multinational corporations. We also have branches to the south in Guangzhou and in central China in Chongqing.

Recently, we purchased a minority stake in Xi’an City Commercial Bank, an investment initiative undertaken jointly with the International Financial Corporation. This is a first by a Canadian bank, in which we are one of a small number of foreign banks with an investment in a domestic Chinese bank. Scotiabank services available in China include:
Business Banking & Trade
Loans – Syndications and Bi-lateral Facilities

   * Other Currency Loans
   * Local Currency Loans (Guangzhou Branch)

Deposits

   * Current Accounts
   * Call Accounts
   * Term Deposits
   * Other Currency Deposits

Trade Finance

   * Letters of Credit
   * Letters of Guarantee
   * Collections
   * Documents Discounting

Cash Management

   * Balance Reporting
   * Wire/SWIFT Transfers
   * Foreign Exchange

Treasury Services

   * Foreign Exchange - Spot and Forward in local and foreign currencies

Swift/BIC: NOSCCN22CKG, NOSCCN22

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Ascent Limited

Experience The Difference. Ascent Limited provides first class wealth management and family office services. Our private banking team, assembled from a group of highly experienced banking professionals, will provide financial advice tailored to your individual requirements and keep your portfolio in tune with the latest market developments and opportunities.

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