 |
| A branch of ICBC in Malaysia. (File photo/Xinhua) |
Industrial
and Commercial Bank of China on Tuesday opened a branch in Barcelona, a year
after establishing its first Spanish office in Madrid.
It makes
ICBC the first Chinese bank with an office in Spain's second largest city,
which allows it to extend its business to Catalonia, the most economically
advanced region in the country.
ICBC has
always attached great importance to the Spanish market, said ICBC vice
president Wang Xiquan at the opening ceremony of the Barcelona branch.
The Chinese
bank decided to increase its business in Spain, offering its financial services
not just to Chinese individuals and companies, but also to local and
international firms and financial institutions, said Wang.
By the end
of September this year, ICBC, the world's biggest lender by market value, has
opened 270 overseas branches in 35 countries and regions, and its overseas
assets stood at US$154.5 billion, up 21.5% from the beginning of this year.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.