Bank of China to open subsidiary in Morocco
Tuesday, 22 December 2015 18:56
Bank of China will commission in the coming weeks its subsidiary in Morocco, Infomédiaire.ma reported on December 21.
The arrival of the oldest Chinese bank in Morocco was announced in 2014 during a visit of Bank of China’s executive vice-president, Yue Yi, in Casablanca.
Founded in 1012, Bank of China is one of the 10 biggest banking groups in the world. Listed in Honh Kong and Shangai, it is the most internationalized Chinese bank, with more than 620 branches in 43 countries worldwide.
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