ABOUT SBI CHINA
State Bank of India (SBI), with history of more than 200 years, is the largest commercial bank in India in terms of assets, deposits, profits, branches, customers and employees. SBI also features in Fortune 500 list. Bank has vast coverage across the globe through its wide network of 232 Overseas Branches in 32 countries.
SBI operation in Peoples Republic of China dates back to 1997 with establishment of Representative Office. Later in 2006, it was expanded into a full scale Branch to serve the customers by offering them various financial services/products from its wide range of bouquet. Products/services offered by SBI Shanghai include Syndicated Loans, Project Loans, Working Capital Loans, and Term Loans under credit Portfolio. Under Trade Finance umbrella, SBI Shanghai Offers wide range of services related to letter of Credit, Buyers Credit, MRPA, Bank guarantee. SBI Shanghai offers both Inland and overseas remittance facility to Corporate and Individual customers.
SBI Shanghai is instrumental in boosting the bilateral trade/business among host and home country.