Exclusive sponsorship of IIF Asia CEO Summit

Chief Executives of financial institutions from Japan, Korea, Malaysia, Thailand, Kuwait and Pakistan etc met in Beijing to attend the 2006 Asia CEO Summit of Institute of International Finance (IIF), which was hosted by Bank of Beijing on November 3, 2006, to discuss on the banking reform in China. It is the first time that IIF organized such meeting in this country.

Beside the focus on banking reform of China, participates also discussed about prospects for Asia in the context of the changing global environment, lessons from successful strategies for retail banking and mergers and acquisitions in the region. The Asia CEO Summit, aiming at promoting the communication of financial institutions in Asia and even in the world, is very careful in choosing hosting countries. Mr. Charles Dallara, Managing Director of IIF, indicated that the world is looking at the rapid growth of China and is expect the 2008 Olympic Games in Beijing. IIF has decided to organize the 2006 Summit in Beijing, Capital of China, as early as in 2005. And their choice of cooperating with Bank of Beijing was thanks to the unique geographic location and its growth potential, especially after the Bank moved into its new head office building, which has modern facilities for such kind of international session.

Mr. Yan Bing Zhu, Chairman of Bank of Beijing, delivered his speech on behalf of small and medium-sized commercial banks in China, which said that in the face of the brand new situation in China economy, small and medium-sized commercial banks in China have to prepare themselves for challenges; they need to deepen the reform, strengthen management, be innovative and adhere to the strategy of differential, international, multi-dimensional and flexible development for survival and growth. Chairman Yan expressed Bank of Beijing s willingness to accelerate its growth through hosting this meeting to have more communication with international banking industry.