Yuchai Signed the Multi-banks Financing Agreement
2009-08-19 Source:english.chinabuses.com
English.chinabuses.com: Yuchai Machinery Co. Ltd. signed the agreement of corporate multi-banks financing management cooperation structure with ICBC Guangxi Branch in Yulin hotel in the afternoon of Jul. 16. The agreement was signed by Xu Guibei, the deputy president of ICBC Guangxi branch, and Qin Xiaohong, the general accountant of Yuchai Machinery Co.. The attendance included the deputy manager of ICBC E-Banking Dept., Long Chunling, the president of ICBC Guangxi Branch, Zhang Keli, the chairman of Yuchai Group, Yan Pin, the vice president, Su Peng, the general accountant Wang Hong, and some other leaders from both sides.
Corporate multi-banks financing management cooperation is a network system exclusively developed by ICBC for Yuchai Machinery Co. Ltd. With this new system, ICBC provides Yuchai the multi-banks financing focus management service, bank-enterprise inline and electronic banking service, cash management service, and investment financing service etc. In other words, Yuchai could manage finance in different banks within one system and the end-to-end connection of financing systems between Yuchai and the bank. It will improve the corporate financing management, reduce financial risk, increase the financial operation efficiency, and reduce the cost.
Long Chunling, Zhang Keli, Yan Pin all hoped that the cooperation between Yuchai and ICBC will reach a higher level and the cooperation will increase the competitive strengths of the corporate and the bank, and open up an interactive prospect, through innovative and closer collaborations.
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