Bank of China returns after 46 yrs

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KARACHI: Bank of China hosted an Appreciation Dinner in Karachi On 29th December 2017 to give regards to the clients and to celebrate the New Year. The bank had formally launched its operations in Pakistan on 7th November 2017 with its first branch in Karachi.

Speaking at the Appreciation Dinner, the Country head & CEO of Bank of China ltd Pakistan Operations Dr. Li Tao said: Bank of China is determined to play its role in the economic development of Pakistan and to strengthen the bond of Pak-China friendship through its exemplary financial services to the business community and financial market in Pakistan.

He said that it is the commitment of Bank of China to provide world-class financial services to the Pakistani companies and to facilitate accelerated financial and economic growth.

Addressing the ceremony, Acting Consul General of Consulate-General of the People’s Republic of China in Karachi, Mr. Chen Xiaodong said: “It is a new evidence of China’s Strong commitments to reform and opening-up” and “it showcases a new progress in China-Pak financial cooperation”, furthermore, “it also demonstrates a new momentum in the booming international business of Bank of China”.

State Bank of Pakistan Deputy Governor Mr. Jamil Ahmed said that the State Bank of Pakistan would give full support to Bank of China, and a warm welcome to Bank of China to start its operations in Pakistan.

Also Speaking at the Appreciation Dinner, the Chief Minister of Sindh Mr. Syed Murad Ali Shah remarked that :He hope that Bank of China will Play its due role not only in the economic development of Pakistan but also be a catalyst in further strengthening the bilateral trade and banking relationships.

He said Pakistan and China present a distinct example of regional cooperation and harmony, and he will actively serve Chinese enterprises to invest in Pakistan, help the implementation of projects in China-Pakistan Economic Corridor, and fully support the economic development of Pakistan.

After 46 years Bank of China returned Pakistan to advocate itself in the “Belt Road Initiative” of China and will continuously contribute in the economic and finance development of Pakistan.

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