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Bank of China will open the first branch in Pakistan Soon

After receiving a banking license from the State Bank of Pakistan, Bank of China (B and C) will soon open its first branch in Pakistan.

Federal Finance Minister Ishaq Dar and Bank of China chairman, met in Beijing Tian Gu Li, in Tian 

He was the Finance Minister invited to visit Pakistan for the opening of the first branch of the bank, which potentially will be built in Karachi.

According to a statement released by the State Bank of China, the reBank of China said that the Chinese government's investment arm importance to the China Central 'subsidiary.

Bank of China, in addition to hundreds of branches in China, operating in more than 50 countries, including 19 countries from China's "One Belt One Road" are part of the first step.

Year-end 2015 the Bank's total of 11 thousand 633 companies, of which 644 were in other countries outside of China.

Bank of China will bring initial $ 5 million in Pakistan to meet the minimum capital demanded by banks.

So that the bank intends to provide different and special banking services in Pakistan. China Economic Corridor (the pack) and can effectively meet the financial needs of other projects connected to it.

Bank of China is the second bank to step in China's market.

juratory requirements of your potential business in Pakistan will after all and will start its operations in potentially Branch.

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