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Seoul Branch Assists Domestic Branch in the Marketing for Korea Lotte’s Investment Project in Sichuan

Since its opening, Seoul Branch has prioritized collaborative marketing of domestic and overseas branches. While marketing products and services to local large enterprises, it actively provides investment information to domestic branches and assists them in the marketing activities for local Korean-funded enterprises and investment projects. In the first half of the year, Seoul Branch learned that Lotte Group planned to invest in the construction of shopping mall, cinema and supermarket in Jinjiang District, Chengdu City, Sichuan Province. The Corporate Banking Department, when paying a visit to Lotte Headquarters, especially introduced the advantages of Agricultural Bank of China Limited (ABC) in domestic financial services. Meanwhile, it promptly informed Sichuan Branch of the investment information, thus promoting the talks between Sichuan Branch and Lotte's China project leader. Under mutually efforts of domestic and overseas branches, the initial capital of USD91 million for Lotte's investment project in Sichuan was successfully transferred to Sichuan Branch recently.