Romania Insider
Bank of China announces official opening of Romanian branch

Bank of China, the fourth biggest bank in the world, will launch its branch in Romania on Monday, December 16, when Romania and China celebrate 70 years of diplomatic relations.

The ceremony will be attended by China’s ambassador in Romania, Jiang Yu, Bank of China’s Chairman of the Board, Liu Liange, the General Manager of Bank of China's operations in Central and Eastern Europe, Xu Haifeng, and the General Manager of the Bucharest branch, Guo Lixin, according to a press release.

"The establishment of a Bank of China branch in Romania, which is expected to start operations in December this year, is the natural result of these positive developments," said Romania’s National Bank Governor Mugur Isarescu at an event in November, local Ziarul Financiar reported.

Bank of China, the first Chinese financial institution to enter the local market, is wholly owned by the Chinese state through an investment fund and is listed on the Shanghai and Hong Kong stock exchanges. The bank is also present in several countries in the region, including Hungary, Austria, the Czech Republic and Poland.

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(Photo source: Tonyv3112/Dreamstime.com)

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For a decade, Romania Insider has been your platform of choice for reliable information on all things Romania. We have always been proud of our ability to bring you bias-free reporting but this hasn't always been easy. We have been thinking about making some changes and can't imagine doing this without your feedback.
For this, we would appreciate it very much if we could borrow 2 minutes of your day to fill out this survey. 
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Romania Insider
Bank of China announces official opening of Romanian branch

Bank of China, the fourth biggest bank in the world, will launch its branch in Romania on Monday, December 16, when Romania and China celebrate 70 years of diplomatic relations.

The ceremony will be attended by China’s ambassador in Romania, Jiang Yu, Bank of China’s Chairman of the Board, Liu Liange, the General Manager of Bank of China's operations in Central and Eastern Europe, Xu Haifeng, and the General Manager of the Bucharest branch, Guo Lixin, according to a press release.

"The establishment of a Bank of China branch in Romania, which is expected to start operations in December this year, is the natural result of these positive developments," said Romania’s National Bank Governor Mugur Isarescu at an event in November, local Ziarul Financiar reported.

Bank of China, the first Chinese financial institution to enter the local market, is wholly owned by the Chinese state through an investment fund and is listed on the Shanghai and Hong Kong stock exchanges. The bank is also present in several countries in the region, including Hungary, Austria, the Czech Republic and Poland.

[email protected]

(Photo source: Tonyv3112/Dreamstime.com)

Normal

For a decade, Romania Insider has been your platform of choice for reliable information on all things Romania. We have always been proud of our ability to bring you bias-free reporting but this hasn't always been easy. We have been thinking about making some changes and can't imagine doing this without your feedback.
For this, we would appreciate it very much if we could borrow 2 minutes of your day to fill out this survey. 
Thank you for reading Romania Insider!  

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