XCMG Bank Brazil Opens for Business
XCMG Bank Brazil, owned by the Chinese maker of construction equipment Xuzhou Construction Machinery Group Co. Ltd (XCMG), has got down to business, Xinhua reports.
The Chinese government-run news agency quotes XCMG Chairman Wang Min as saying in his speech at the opening ceremony, held online, that he believes the bank can serve Chinese and Brazilian enterprises alike.
The report quotes Bank of China Brazil Ltd General Manager Zhang Guanghua as saying XCMG Bank Brazil is a pioneer in financing the supply of construction machinery.
Brazilian banks Daycoval and Banco Safra are keen on working closely with XCMG Bank Brazil, the report quotes representatives of the banks as saying.
The head office of XCMG Bank Brazil is the southeastern Brazilian municipality of Pouso Alegre Xinhua says.
Views:0
Submit Your Requirements, We Are Always At Your Service.
- XCMG and Cummins Sign New JV Agreement, Extend Partnership to 2036 2026-03-06
- China’s Top 10 Electric Mining Truck Manufacturers by Sales in 2025 2026-02-26
- XCMG Delivers 100 Dump Trucks to Support Belt and Road Infrastructure Projects 2025-10-15
- Customer First: XCMG’s Overseas After-Sales Team Wins Trust in Nigeria 2025-06-27
- XCMG Ships 100 Dump Trucks Overseas to Support Infrastructure Projects 2025-05-30
- 100 Autonomous Electric Mining Trucks Deployed in China 2025-05-19
- China Deployed World’s Largest Electric Autonomous Mining Fleet 2025-05-19
- XCMG Delivers 100 XG1 DH400T Dump Trucks to Indonesia 2025-02-14
- XCMG New Energy Mining Truck XGE110 Delivered in Bulk to Northwestern Market 2025-02-13
- XCMG Exports 300 Heavy Trucks to High-End Overseas Market 2025-01-20
- Foton, COSCO Shipping Move to Secure Capacity as China’s CV Exports Rise
- The 11th DISCOVERY TRUST Awards Successfully Held in Beijing, China
- Chinese Heavy Truck Makers Shift to Value-Driven Global Expansion
- Shandong Heavy Industry and Kazakhstan’s Karaganda Region Ink New Deal
- China’s Diesel Trucks are Shifting to Electric
- Indonesia’s State-led Firm Set to Purchase 320,000 Vehicles
- SANY Truck and Pony.ai to Mass-Produce Gen-4 Autonomous Trucks in 2026
- FOTON Boosts Local Manufacturing in South Africa
- Office Closure for National Day Holiday
- FORLAND Rolls Out Its 6.8 Millionth Vehicle
- China Heavy Truck Sales Fall to 73,600 Units in February
- China’s Medium-Duty Truck Sales Fall to 8,125 Units in February, 2026
- China’s February Light Truck Sales Fall 23% to 117,200 Units
- China’s Mini Truck Sales Rise 15% in February to 41,500 Units
- China’s Light Truck Market Rises 8% in January 2026 to 323,500 units
- China’s Pickup Sales Reach Five-Year January High as Market Momentum Builds
- Heavy Truck Sales Soar 46% to 105,400 Units in January 2026
- January Medium Truck Sales Hit 14,100, Up 33%
- China’s Truck Exports Top 1 Million Units for the First Time in 2025
- China Tractor Truck Sales Up 54% in Dec., 2025 Full-Year Sales 460,000 Units
