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CBiBank participates in the annual meeting of NDC Special Zone to increase the financial products of SMEs to help them develop

                                                                                                                             【简体中文

The 2019 annual conference, hosted by the US non-profit help organization NDC (National Multi-Faction), was held in Washington, DC, on March 11-15. As the most influential annual conference for the diversified group in the United States, the event invited Ms. Nancy Pelosi, the current US Speaker of the House, and the chairmen of the three major US financial regulators (Fed, FDIC, OCC) All the participants held 17 special lectures and 4 closed-door discussions on topics such as the latest US SMEs' main security and support policies, and achieved many positive results in the revision of legal provisions to support SMEs.   CBiBank, a banking institution licensed in Puerto Rico, a US jurisdiction, was also invited to participate and initiated a constructive proposal at the meeting.

NDC - the most authoritative and vulnerable group of non-profit organizations, with great impact

NDC (National Diversity Coalition) aims to help the entire population gain more housing opportunities, provide more financial support for small businesses, and provide financial support for all through cooperation with government agencies and business units at all levels. Ms. Faith Bautista, the current chairman of NDC, is also one of the five consultants of the Treasury Community Development Finance Agency appointed by President Trump. Since its establishment, NDC has achieved a series of achievements: First, it provides diversified support for small and micro enterprises in the fields of corporate management, corporate leadership, recruitment, procurement, etc.; Second, established or increased education and market for a small group of communities. Third, increased reinvestment in charities and communities; Fourth, subsidies and services for low-income and minority groups. Today, NDC has become an important non-profit organization that can influence the US people's livelihood policy.

NDC2019 Annual Heavyweight Guest Appeals for Small Business Owners

This year's NDC SAR conference invited representatives of major political ministries and major national enterprises from the United States to attend the conference, including the current Speaker of the House of Representatives Nancy Pelosi, US Treasury Secretary Steven Mnuchin, and the US three major financial regulators OCC, FDIC and FED. Other US government representative present were: US Secretary of Agriculture, US Secretary of Housing and Urban Development Ben Carson, US Securities and Exchange Commission Chairman Jay Clayton, Small Business Administration Head Linda McMahon, US Consumer Financial Protection Director Kathy Kraninger and Freddie Mac , Fannie Mae, Wells Fargo Bank and CBiBank executives. Among them, FDIC President Jelena McWilliams said at the meeting on the morning of the 13th: "The small business owner service of strengthening underbanked and unbanked is one of the main tasks after she took office. At the same time, the FDIC will actively accelerate the approval of new applications in terms of policies. Even Some advances were introduced, and priority approvals were accelerated to serve this group. The conference focused on small and micro enterprises in terms of financing, loan equality, resource tilt and housing for vulnerable groups, and proposed many amendments to legislative and legal provisions.

Su Siyuan, Chairman of CBiBank's Board of Directors, voiced the increase in financial products serving SMEs to help their development

Among the many NDC members attending the annual meeting, CBiBank from Puerto Rico, the independent state of the United States, participated in the annual meeting and actively participated in all aspects of the annual meeting agenda, and conducted face-to-face exchanges with major US ministry ministers and corporate executives. Exchanged opinions on “supporting the SMEs’ ​​main landing plan”, especially the specific proposals for increasing the financial products that serve SMEs to help them develop. Su Siyuan, Chairman of the Board of Directors of CBiBank, said at the meeting: "As a first batch of private international Internet banks registered in Puerto Rico, our founding purpose is to help SMEs solve the problems of financing difficulties, high costs and bank service misalignment. NDC's purpose coincides, and actively responds to the policy proposed by FDIC Chairman Jelena McWilliams to increase the size of small business owners' financial services products since the new appointment."

The introduction of CBiBank can be learned from its official website. CBiBank's main business is to provide comprehensive and professional international banking services for SMEs. At present, it has gained more and more attention and actively participates in Sino-US economic exchanges. According to reports, CBiBank participated in the "40th anniversary of the establishment of diplomatic relations between China and the United States" hosted by the Carter Fund in January. As the most influential non-profit organization in the United States, NDC plays an increasingly important role in helping non-guaranteed groups and small and micro enterprises, and its appeal is also important, as Ms. Faith Bautista, the current chairman of NDC, said: “NDC hopes More and more companies and institutions such as CBiBank can join our organization to help the nation's non-guaranteed groups."