Bank of Communications Co., Limited Luxembourg Branch

Bank of Communications Co., Limited Luxembourg Branch represents the group’s European foothold, operating under Luxembourg law and supervised by the Commission de Surveillance du Secteur Financier within the EU prudential framework. The activity mix is corporate and institutional rather than retail, with a focus on cross‑border settlement between Europe and China, trade finance (letters of credit, guarantees, supply‑chain solutions), bilateral and syndicated lending, cash management, foreign exchange, and treasury services, including renminbi and euro accounts and payments. Pricing and credit terms are relationship‑driven and typically negotiated, and onboarding is documentation‑intensive due to standard Luxembourg and EU AML/KYC requirements. The Luxembourg platform functions as a regional hub that supports client coverage across the EU, leveraging the group’s network to serve multinational corporates, Chinese subsidiaries in Europe, and European clients with business in mainland China and Hong Kong. Public‑facing retail products are limited; prospective clients generally engage via relationship managers rather than branch counters or open‑to‑all digital channels. Eligible deposits booked in Luxembourg fall under the Fonds de garantie des dépôts Luxembourg (FGDL) up to €100,000 per depositor, subject to statutory exclusions, and the institution publishes audited financial statements and regulatory disclosures in line with local and EU rules. The unit’s risk profile and funding are closely linked to the wider Bank of Communications Group, which is among China’s larger commercial banks; local capital, liquidity, and governance requirements apply at the Luxembourg level. This setup suits companies needing euro‑RMB banking, trade finance, and treasury solutions in a regulated EU jurisdiction, but it is not positioned as a general consumer bank.