国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Standard Bank Namibia sees growing ties with Chinese businesses

Xinhua | Updated: 2017-08-03 08:18

WINDHOEK - Standard Bank Namibia, one of the southern African country's oldest banking institutions, says its relationship with Chinese companies and business people has grown from strength to strength.

The relationship started in earnest in Feburary 2015 when the Industrial and Commercial Bank of China Limited (ICBC) acquired shares in Standard Bank's London-based Global Markets business.

The acquisition allowed both ICBC and Standard Bank to create a platform to serve the growing demands of Chinese clients for global commodities, fixed income, currency and equities products while continuing as a distribution platform for African risk.

This union also allows for the Chinese community to transact in renminbi, which has vast benefits such as realising significant savings when US dollar conversion costs and liquidity constraints are removed; promotes price transparency and reduces the cost of international trade; to name a few.

The renminbi cash exchange solution at Standard Bank Namibia's Windhoek branch was officially launched on Jan 21, 2016.

Following its inclusion in the International Monetary Fund's Special Drawing Right basket of currencies, China's renminbi currency has became widely accepted for global trade.

Standard Bank Namibia's chief executive officer Vetumbuavi Mungunda said in a statement Wednesday that he was proud that Standard Bank is at the centre of Chinese business, investments and projects in Namibia.

According to Mungunda, this was because Standard Bank Namibia understands and responds to the needs and requirements of Chinese people in the country.

Mungunda wishes that the great symbiotic relationship should grow not only in Namibia but across the continent as a whole for a long time to come.

The Chinese business community in Namibia, he added, has contributed vastly to the socio-economic development of the country, making them a worthwhile ally.

"Cognizant of this fact, Standard Bank has worked closely with various Chinese captains of industry, and recently held a gala dinner in their honour, drawing them closer into the fold," Mungunda said.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
华坪县| 琼海市| 玛曲县| 三江| 宜川县| 库车县| 宝鸡市| 阳江市| 海安县| 贵德县| 百色市| 铅山县| 东丽区| 清远市| 新民市| 晴隆县| 嘉荫县| 南充市| 本溪市| 兴安县| 左云县| 荆门市| 紫阳县| 依兰县| 定安县| 开鲁县| 滨州市| 汉中市| 阜平县| 湖北省| 敦化市| 湟源县| 兴和县| 合肥市| 靖西县| 庆阳市| 新民市| 嘉善县| 十堰市| 井研县| 靖边县|