Habib Bank Limited Chairman Sultan Ali Allana hosted a lunch for the Chairman Bank of China Tian Guoliand and his team at HBL Plaza here. Chairman BOC is visiting Pakistan to discuss and explore the possibilities of setting up a branch of BOC in Karachi. During the meeting, Chairman HBL briefed Tian on the banking potential in Pakistan and discussed ways on how the two banks can cooperate in various areas including technology, CPEC, business in Pakistan and China, collaboration in international markets and people training and development.
Chairman BOC agreed with Allana and discussed specific proposals on the areas of cooperation and the method of cooperation. He was confident that the two banks will be able to benefit from their respective expertise and will cooperate closely in future. The meeting was also attended by Nauman Dar, President & CEO, HBL and senior management of both banks. Bank of China is the fourth largest bank in the world with assets exceeding $2.6 trillion while HBL is the largest bank in Pakistan with assets of $22.7 billion.-PR
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