Being one of the oldest commercial banks in China, Bank of Communications Co., Ltd. was founded in 1908. In its earlier years, the bank was engaged in financing of shipping, railway, tele-communications and post industries. With the lapse of time, it developed into a full-service bank and served once as one of the note issuing banks of China. During its initial development Bank of Communications Co., Ltd. studied and introduced advanced management and operational procedures of foreign commercial banks and was the first bank in China to set up overseas institution. Bank of Communications Co., Ltd. New York Branch was established in 1991 as federal-chartered wholesale banking institution dedicated to serving commercial and industrial business in the U.S.A. and promoting Sino-American trade. With its sophisticated institutional network and understanding of both the United States and China, Bank of Communications Co., Ltd., New York Branch is sparing no effort in designing and offering professional, efficient and satisfactory services to all its customers.