Successful cases of foreign insurance and domestic loans 1:
At present, our company has opened Chinese-funded enterprises to handle it? External insurance and internal loan? Business, and has successfully handled cases for domestic Chinese enterprises. From material preparation? Bank institutions lend money, and the Commissioner checks for enterprise users at all levels to provide you with professional, comprehensive and reliable one-stop service.
A domestic production enterprise, due to the backlog of quarterly inventory, urgently needs a capital turnover and wants to expand the scale of the enterprise. However, due to various restrictions, it is impossible to obtain loan approval from domestic banking institutions. After receiving this case, our company first made a preliminary understanding of the company, sent a specialist to the company for on-the-spot investigation and data pre-examination, and then made a project loan plan for the company. With the efforts of our company, the company obtained a pledge loan of 200 million yuan in the bank.
Successful cases of foreign insurance and domestic loans II:
A Hong Kong company has a registered subsidiary A in China. Because a project needs RMB funds, the company applies to an overseas bank to open a letter of guarantee (or standby letter of credit) for the bank. After receiving the letter of guarantee and passing it, the bank will provide RMB credit for domestic enterprises, arrange credit according to the situation of enterprise A and the contents of the letter of guarantee, and provide financial support for enterprise A.
Successful cases of foreign insurance and domestic loans 3:
Ningbo, Zhejiang Province was recently approved as a national city? External insurance and internal loan? One of the pilot projects has opened up a new channel for finance to support the development of the real economy and ease the financing difficulties of enterprises.
According to reports, after the pilot of the foreign exchange management policy, all designated foreign exchange banks in Ningbo can issue local and foreign currency loans to domestic Chinese-funded enterprises under the conditions that overseas institutions or individuals provide guarantees, mortgages and pledges. Loan forms include ordinary loans and credit lines.
In recent years, overseas investment in Ningbo has developed rapidly. By the end of June, the actual overseas investment reached US$ 6,543.8+US$ 528 million. At present, an enterprise in Ningbo has used the pilot policy to pledge the equity of overseas enterprises, and successfully obtained an overseas M&A loan of US$ 654.38+RMB 400 million.
Extended reading: the basic content of external insurance and internal loan
Foreign insurance and domestic loan are financing guarantees applied by overseas companies to overseas institutions. The premise of this business is that RMB is not freely convertible.
At present, foreign insurance and domestic loans are limited to foreign-invested enterprises. If the contract needs to be fulfilled, domestic enterprises need to meet the requirements of poor gambling.
For example, a Hong Kong company has a subsidiary in China, because a project needs a loan in RMB, but the company has a large amount of foreign currency deposits in Hong Kong. For various reasons, the money cannot enter. What should I do? A foreign company is in urgent need of a sum of money in China, and it has a large amount of overseas deposits, but it takes some time to approve it in China. In this context, banks have designed foreign insurance and domestic loans to solve the problems encountered by enterprises.
After the overseas enterprises go through relevant procedures (such as depositing overseas funds or credit lines into the offshore center of the Bank), the offshore center of the Bank issues a letter of guarantee to the domestic branch, and the branch can provide RMB credit to the domestic enterprises after receiving this letter of guarantee. Through this foreign insurance and domestic loan business, the development of domestic companies can be supported by the agreement of overseas companies, and overseas companies can be used as a guarantee condition for domestic credit when they enjoy high credit. Overseas funds do not need to be remitted to China, which avoids the uncertainty when funds are withdrawn.