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PhotoNews Pakistan > Business > China wants to strengthen ties in banking sector
Business

China wants to strengthen ties in banking sector

Web Desk
By Web Desk Published October 17, 2014 1 Min Read
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Ms Li Tong, chairperson and CEO of Bank of China International (BoCI), visited the State Bank of Pakistan and discussed banking cooperation between the two countries. The BoCI is a wholly-owned subsidiary of Bank of China.

She was accompanied by Ms Cheng Yan MD and Vice Chairman, Michae Cheng and Wang Jia and local representatives.

Ms Li Tong headed a group of more than 20 businessmen, including CEO’s of mega companies, to explore further cooperation between Pakistan and China in the field of energy, infrastructure development, transport, manufacturing, mining and banking.

“Closer cooperation in the banking sector will assist in strengthening relationship further with China. The number of mega projects, which Chinese companies are implementing in Pakistan, necessitates smooth and efficient banking arrangements to meet the banking needs,” said the Acting Governor State Bank Saeed Ahmad in the meeting to welcome Ms Li Tong of Bank of BoCI.

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