Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Company

China Construction Bank receives license to carry out financial services at AIFC of Kazakhstan

April 30, 2019


Abstract : China Construction Bank (CCB, 601939.SH), one of China's state-owned banks, received a license last Thursday to carry out financial services through its Astana Branch at the Astana International Financial Center (AIFC) of Kazakhstan.

BEIJING, April 30 (Xinhua) -- China Construction Bank (CCB, 601939.SH), one of China's four major state-owned banks, received a license last Thursday to carry out financial services through its Astana Branch at the Astana International Financial Center (AIFC) of Kazakhstan.

The approval of the license, which was granted to CCB on the sidelines of the Second Belt and Road Forum for International Cooperation in Beijing, represents a new breakthrough CCB has made in contributing to the Belt and Road Initiative (BRI), and a significant achievement in improving its global service network as well as expanding the Central Asia market.

CCB is the first foreign bank to set up an operational institution in the AIFC. Its Astana Branch will provide quality financial support for the bilateral economic and trade exchanges, investment and capacity cooperation between China and Kazakhstan to boost interconnection between the two countries. Based on such efforts, CCB will move on to build a new financial communication and collaboration platform between China and Central Asia, according to CCB.

So far, CCB has established eight overseas institutions in countries and regions along the Belt and Road routes. (Edited by Su Dan)

Scan the QR code and push it to your mobile phone

Keyword: China-Kazakhstan CCB BRI AIFC

Reading:

Feature: China, Argentina boost green energy cooperation

Interview: Kuwait needs Chinese expertise, technology to face environmental governance: expert

China Taiyuan coal transaction price index down 0.01 pct

Beijing Belt and Road experience center opens to public

China to better protect shareholders' rights

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial