男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Chinese banking booms in Dubai's financial free zone

Xinhua | Updated: 2018-03-06 00:00
Share
Share - WeChat

DUBAI - China's big four banks managed to increase their value of assets in the Middle East from $11 billion in 2014 to $33.4 billion in 2017, local authority said on Monday.

At the end of the third quarter of 2017, China's big four banks represented 22 percent of total assets booked in the Dubai International Financial Center (DIFC), which is home to 180 banks and 195 asset management companies from across the globe, according to a DIFC report.

All of the four Chinese lenders, namely Industrial and Commercial Bank of China (ICBC), China Construction Bank, Agricultural Bank of China and Bank of China, have their Middle East branches based in the DIFC, a financial free zone.

Two more Chinese banks have signaled interest to set up a branch in the biggest financial free zone, DIFC Governor Essa Kazim told a news briefing.

"Chinese banks benefit from the DIFC's strategic location along the South-South Corridor as well as from our world-class infrastructure," said Kazim.

China became Dubai's biggest trade partner in 2014. Approximately 300,000 Chinese nationals live in the United Arab Emirates (UAE), while over 4,000 Chinese businesses run branches in the Gulf state.

ICBC, China's biggest lender in terms of assets and the biggest bank in the world, has been financing the construction of the projects on Dubai's man-made island Palm Jumeirah.

Back in May 2017, Agricultural Bank of China launched clearing services for the Chinese currency RMB.

The DIFC, whose booking currency is the greenback, is home to two licensed markets, the Nasdaq Dubai and the Dubai Mercantile Exchange. In May 2017, ICBC listed two bonds of $400 million and $300 million respectively, as well as a bond of 500 million euros on Nasdaq Dubai.

Due to the rising interest by Chinese firms and businesses in the DIFC, Kazim also released the 2017 annual review in Chinese Mandarin, a first in the history of the 2014-founded financial centre.

The number of financial firms registered in the DIFC increased by 6 percent in 2017 to reach 473, with 11 percent of them from East Asia, 36 from the Middle East, 33 percent from Europe and 10 percent from the United States.

Top
BACK TO THE TOP
English
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
CLOSE
 
主站蜘蛛池模板: 张家川| 平度市| 塘沽区| 平顶山市| 区。| 章丘市| 阳西县| 榆林市| 鄂尔多斯市| 乌兰县| 吉木萨尔县| 渭南市| 台南市| 白沙| 苏尼特左旗| 宝清县| 固镇县| 夹江县| 汝南县| 延寿县| 徐汇区| 始兴县| 堆龙德庆县| 怀集县| 福贡县| 永德县| 文昌市| 通河县| 枣庄市| 荃湾区| 宜州市| 陆河县| 大丰市| 鞍山市| 曲麻莱县| 凤山县| 河西区| 千阳县| 徐闻县| 新竹市| 沂南县|