China’s State Administration for Industry and Commerce registered URSA Bank’s official representation in Beijing on September 22, 2008. The registration was made possible after China Banking Regulatory Commission allowed the bank to set up an office there at the end of August 2008.

The office is now located in one of the East Twin Towers right in the heart of the city.

‘URSA Bank has been cooperating successfully with China’s four major banks, including the Bank of China and the Agricultural Bank of China. The main idea behind introducing the Beijing office is to strengthen our ties with the Chinese investor and financial organizations in the field of international lending and borrowing practices, trade and project financing, and so on. The new office is also expected to concentrate on the promotion of our bank’s products and services in the field of offering money for Russian-Chinese trade transactions,’ the spokesperson for URSA Bank said to an UrBC reporter.

URSA Bank’s Beijing office can be contacted at +86-15010976001 (Rolf D. Kanning, Director) or +86-13522877441 (Anastacia Kornilova, Deputy Director).

As a matter of fact, URSA Bank also runs representations in Almaty, Prague, and London.