In November 2017, the UK Prudential Regulation Authority approved ABC’s application to establish London Branch. ABC London Branch is located in the heart of the world’s leading financial centre – the City of London, adjacent to the Bank of England. We successfully deliver services to our global customers by leveraging the advantages provided by London’s developed financial market and geographic location at the half way point between Beijing and New York. ABC London Branch offers a wide spectrum of wholesale banking services, including corporate deposits, syndicated and bilateral loans, trade finance, international settlement, foreign exchange settlement, foreign exchange and derivatives trading. With the support from the head office in China, ABC London Branch initially concentrates on Chinese enterprises which are involved in UK-China trade. In the future, ABC London Branch will play an active role in the Belt and Road Initiative investment and construction.