China Banks to Open Further Swiss Branches?

by swisscham in Business

Two Chinese banks have opened branches in Zurich so far. The representatives of the French-speaking financial markets in Switzerland now hope to convince the managers in China to soon set foot in the traditional home of private banking as well. The Greater Geneva Bern Area (GGBa), a business promoter founded in 2010, has Chinese business as its prime target Ð with a special emphasis on the banking industry. The talks about the opening of branches in Western Switzerland seem to be at an advanced stage. ÇI expect an opening in coming months, be it this year or in 2019È said Thomas Bohn, the director of GGBa, in an interview with ÇAWPÈ news agency (behind paywall). GGBa is in talks with several Chinese banks in connection with the opening of a branch, he added. Two Chinese banks have opened branches in Zurich so far. Industrial and Commercial Bank of China (ICBC) moved in last year, while China Construction Bank (CCB) had opened up shop in early 2016.

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Your Swiss Business Platform in China

SwissCham China has roughly 600 company members. Our Chamber maintains a strong relationship with the Embassy of Switzerland, Switzerland Global Enterprise, Swissnex and Switzerland Tourism. As the representative of the Swiss companies established in China, our goal is to help you to increase your business and visibility, especially amongst the Sino-Swiss business community.

Become A Member

Sign Up For Our Newsletter

  • This field is for validation purposes and should be left unchanged.
July 17, 2023
Published By in Business
July 16, 2023
Published By in Engineering / Manufacturing
July 13, 2023
Published By Consulate General of Switzerland in Guangzhou in Engineering / Manufacturing
July 3, 2023
Published By in Bilateral Relations