Statistics show that this year the bank's foreign exchange deposits reached US$1.06 billion, an increase of US$400 million over the same period last year, topping the country's five large commercial banks for a successive eight months.

A spokesman for the CCB said its branches at various levels used the opportunity of the country's raising of interest rates to increase foreign exchange deposits, by opening new foreign exchange deposits businesses and improving service quality to maintain sustained development of foreign exchange deposit businesses.

By the end of August, the bank's branches in Guangdong, Shanghai, Zhejiang and Beijing all achieved increases of over US$100 million in foreign exchange deposits.

(Xinhua)