The opening ceremony of Bank of China’s branch in Karachi


Abstract: The opening ceremony of Bank of China’s branch in Karachi, Pakistan, was held on the 7th in Islamabad, marking the official opening of the Bank of China’s first branch in South Asia.
Xinhua News Agency Islamabad 11 9 Ri Yue Dian (reporter Ji Wei) Bank of China in Pakistan branch opening ceremony was held Karachi established by the 7th in the capital Islamabad, marking the Bank of China officially opened the first branch operations in South Asia.
In his speech, President Hussein said that in recent years, Pakistan’s business environment has continued to improve, providing opportunities for the development of the banking industry. The Bank of China’s establishment of a branch in Karachi indicates that the construction of the China-Pakistan Economic Corridor is benefiting the general public. The Pakistani government and the central bank will continue to provide all possible help to promote the Bank of China’s business development in Pakistan.
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In his speech, Zhao Libin, the charge d'affaires at the Chinese Embassy in Pakistan, said that China and Pakistan are strategic all-weather partners and the opening of Pakistan by Bank of China marks the confidence and importance of China's financial market in the economic development and construction of Pakistan. He expressed the hope that the Bank of China will continue to expand its business scale and diversify its business categories, making new contributions to promoting the friendship and economic development between China and Pakistan.
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Chen Siqing, chairman of the Bank of China, said that the Karachi branch is the first institution set up by the Bank of China in South Asia. It shows that Bank of China attaches great importance to Pakistan and places the Bank of China's goodwill in promoting strategic cooperation between the two countries.
It is understood that the Bank of China Branch of Karachi is a financial institution approved by the Central Bank of Pakistan that has a full commercial banking license and provides comprehensive and efficient financial services to businesses and customers in both countries

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