Hankou Bank has been awarded the First Prize in the Hubei Province Cross-Border RMB Business Special Evaluation for three consecutive years.

Recently, the Hubei branch of the People’s Bank of China released the 2025 special evaluation results for cross-border RMB business by banking financial institutions in Hubei Province. A total of 35 provincial banking institutions in the province that are qualified to handle international settlement participated in the evaluation. Hankou Bank won the first prize in the special evaluation for cross-border RMB business for three consecutive years.

For a long time, Hankou Bank has closely aligned itself with the national strategic deployment for the internationalization of the RMB. It has strictly implemented the People’s Bank of China’s policy guidance aimed at increasing the use of RMB in real-economy areas such as cross-border trade and direct investment. It has firmly practiced the “local currency first” philosophy, with serving the real economy and promoting the facilitation of trade and investment as its core. The bank has continuously strengthened its business foundation, optimized its service system, and innovated its service models, precisely responding to enterprises’ needs for cross-border RMB business, and has worked tirelessly to push its business to a new level.

Winning the first prize for three consecutive years is a full affirmation by the Hubei branch of the People’s Bank of China of Hankou Bank’s work in cross-border RMB business. Going forward, Hankou Bank will continue to stay true to the origin of financial services, continuously enhance its service capabilities, and focus on key enterprises, key areas, and key regions. With better quality, higher efficiency, and more comprehensive financial services, it will support the continued improvement and higher returns in the quality and efficiency of cross-border RMB use, contributing greater financial strength to the overall goal of serving the country’s high-standard opening up and the high-quality development of regional economic growth.

(Editor: Jiao Yue)

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