About

Agricultural Bank of China Dubai Branch was formally established on May 10, 2017. It is the RMB Clearing bank in the UAE designated by the People's Bank of China, and assumes the duties of the RMB Clearing Bank under the guidance of the UAE Central Bank and People's Bank of China. Dubai Branch consists of Corporate Banking, Treasury, Financial & Accounting, Operations (IT), Risk Management, Compliance as well as HR & Administration Departments. It provides diversified financial services such as RMB Clearing, RMB Purchase and Sale, RMB Financing, Loans, Deposits, Guarantees, Trade Financing, Remittances, Money Market Transactions, Foreign Exchange Transactions, Bond investments, UAE Funds Transfer System(FTS), Image Cheque Cleaning System(ICCS) and other business services not only for the Chinese funded enterprises such as "Going Global" and "One Belt, One Road" as important service range, but also for the excellent UAE local enterprises and local financial institutions as major customer targets.

Backed by the large business network and rich resources of ABC group Dubai Branch is committed to providing high quality services for corporate customers and Financial Institutes both in China and UAE. The Branch also contributes to expanding Cleaning or Settlement, Financing and Transactions business between RMB and Dirhams actively. Meanwhile, the Branch is strengthening its link with other branches in China to better facilitate bilateral trade, investment, financial corporation between China and UAE in the future. ...Show less