Bank of China, New York Branch is the U.S. branch of Bank of China, one of China’s major state-owned commercial banks founded in 1912. Based in New York, it focuses on wholesale banking for corporate and institutional clients, supporting cross‑border commerce and investment between the United States, China, and other international markets.
The branch provides services such as corporate lending, trade and supply‑chain finance (including letters of credit and documentary collections), cash management and deposits, foreign exchange and interest‑rate risk management, and renminbi-related services. It helps facilitate import/export transactions, working capital, and project finance needs across industrial sectors—including manufacturing, energy, and chemicals—while operating under U.S. and New York banking regulations and compliance standards.
Also known as Bank of China USA.
The financing supports Hail and Ghasha's gas production, with participation from over 20 financial institutions, enhancing project resilience and ADNOC's strategic growth.
The facility includes $2.11B one-year, $700M two-year tranches, and a $500M accordion. It was oversubscribed, adding four new banks, enhancing liquidity for energy commodities.