Bank of China launches operations in Serbia

Bank of China's arrival means we expect an exponential growth of investments in Serbia, President Tomislav Nikolic has said.

Source: B92

Monday, 23.01.2017.

09:36

Bank of China launches operations in Serbia
(Tanjug)

Bank of China launches operations in Serbia

Nikolic said that with its help and Zelezara's owner, Hesteel, the Smederevo plant "will operate more successfully than ever in its history."

He wished the bank, whose Belgrade headquarters will also serve as a regional hub, successful operations at the regional level, "since its development is a guarantee of the development of Serbia."

Nikolic noted that Bank of China is already active in the region and will from now coordinate the activities in this part of Europe - Bulgaria, Romania, Hungary, Croatia, Slovenia, Bosnia-Herzegovina, Montenegro and Albania.

"I wish you a happy beginning and successful work. Welcome to Serbia," the president said.

The ceremony was also attended by National Assembly President Maja Gojkovic, government ministers, and Chinese Ambassador to Serbia Li Manchang.

The bank announced earlier that Serbia will be first Balkan country to host what is the world’s fifth largest bank by total assets.

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