BEIJING, March 21 (Xinhua) – Bank of China (BOC), one of China’s four biggest lenders, officially opened its Mumbai branch on Tuesday in a latest attempt to serve the national strategy and respond positively to the Belt and Road Initiative.
So far, BOC’s overseas institutions have covered 57 countries and regions around the world, and at the same time achieved full coverage of the BRICS countries.
The bank attaches great importance to the India market, said Chen Siqing, chairman of BOC, adding that after the establishment of the Mumbai branch, BOC will complete the full coverage of the BRICS countries and will take the advantages of its globalization and comprehensive operation to provide services for both Chinese and Indian companies in a bid to build a solid financial bridge for Sino-Indian economic and trade cooperation. (Edited by Yang Yifan, yangyifan@xinhua.org)
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