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Introductionof Bank of China (Luxembourg) S.A. Athens Branch

2020-07-03

Bank of China (Luxembourg) S.A. Athens Branch (hereinafter referred to as "Athens Branch") was incorporated in November 2019. It is the first branch of Bank of China in Greece and the first Chinese financial institution officially approved to operate in Greece.

Athens Branch is affiliated with Bank of China (Luxembourg)S.A.. As a light bank, Athens Branch relies on Bank of China (Luxembourg) S.A. to provide financial services to its customers. Bank of China Luxembourg Branch was established in 1979, which is the first overseas branch set up by Bank of China after the establishment of the People’s Republic of China. It has been successfully operating and continually developing its business, and has contributed to the local and worldwide economic and social development. With nearly 40 years of expertise and experience in the European markets, Bank of China Luxembourg stands today as the Group’s European Regional Hub, serving the European and Chinese “Go Global” company as the goal, and offering business solutions to its clients worldwide.

Bank of China is a bank with the longest continuous operation timein China. After a journey for more than a century, Bank of China has developed into a large multinational banking group. It is the most globalized and integrated bank in China which has established institutions in mainland China and more than 60 countries and regions all over the world. It has formed a relatively comprehensive global service network with commercial banking business such as corporate banking, personal banking and financial markets, covering investment banking, direct investment, securities, insurance, funds, aircraft leasing and other fields, therefore provides high-quality, efficient and all-round financial services for international customers.

Greece is a member state of the European Union and a member of the Eurozone. Since China serves as an important trade partner of Greece, the bilateral economic and trade relationsare facing unprecedented opportunities. With the establishment of the Athens branch, Bank of China will rely on the global network and overall advantages, firmly grasp the historical opportunity to deep the economic and trade relations between Greece and China, Based on the local financial market and under the authorization of the parent bank Bank of China(Luxembourg) S.A.,Athens Branch will provide professional and efficient financial services for Chinese "go global" companies as well as local Greek companies that have economic and trade relations with China, fully support Greek companies to develop the Chinese market, actively serve Chinese companies to invest in Greece, and use financial power to build a bridge for cross-border business between Greece and China, make greater contributions to the "One Belt One Road" Initiative.

For more information about Bank of China (Luxembourg), click here.(https://www.boc.cn/lu/en/index.html

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