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: Joy Business/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Baltasar Coin becomes first Ghanaian meme coin to hit DEX Screener at $100K market cap
40 seconds -
EC blames re-collation of disputed results on widespread lawlessness by party supporters
15 minutes -
Top 20 Ghanaian songs released in 2024
36 minutes -
Beating Messi’s Inter Miami to MLS Cup feels amazing – Joseph Paintsil
50 minutes -
NDC administration will reverse all ‘last-minute’ gov’t employee promotions – Asiedu Nketiah
1 hour -
Kudus sights ‘authority and kingship’ for elephant stool celebration
1 hour -
We’ll embrace cutting-edge technologies to address emerging healthcare needs – Prof. Antwi-Kusi
2 hours -
Nana Aba Anamoah, Cwesi Oteng special guests for Philip Nai and Friends’ charity event
2 hours -
Environmental protection officers receive training on how to tackle climate change
2 hours -
CLOGSAG vows to resist partisan appointments in Civil, Local Government Service
3 hours -
Peasant Farmers Association welcomes Mahama’s move to rename Agric Ministry
3 hours -
NDC grateful to chiefs, people of Bono Region -Asiedu Nketia
3 hours -
Ban on smoking in public: FDA engages food service establishments on compliance
3 hours -
Mahama’s administration to consider opening Ghana’s Mission in Budapest
3 hours -
GEPA commits to building robust systems that empower MSMEs
3 hours