[ 2011-04-12 ]

Ecobank to host Bank of China operations desk in Ghana
Ecobank is to host an operations desk for Bank of
China in its branches across the country.

The ‘China desk’ is designed as an operational
unit meant to offer on-hand business support and
trade facilitation to Chinese businesses located
in African countries where Ecobank has a presence.


The deal will offer Chinese customers of Ecobank
access to resources and strengths of both banks
while removing language and cultural barriers.

In an interview with Joy Business after the
launch, Group Executive Director in Charge of
Corporate Banking, Albert Essien said customers
stand to benefit greatly from the partnership.

He said China had become the largest investor on
the African continent and it was important to open
the desks to “facilitate the financial
intermediation between China and Sub-Saharan
Africa.”

Trade Minister, Hannah Tetteh hailed the
initiative and called for further collaboration.

She believes the desk will help address some of
the challenges confronting investors from China
and African companies which wish to do business
with companies in China.

Source - MyjoyOnline

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