Arab Today, arab today china\s icbc to operate in kuwait saudi arabia
Last Updated : GMT 12:21:06
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Arab Today, arab today

China\'s ICBC to operate in Kuwait, Saudi Arabia

Arab Today, arab today

Arab Today, arab today China\'s ICBC to operate in Kuwait, Saudi Arabia

Beijing - QNA

China's largest commercial bank, Industrial & Commercial Bank of China (ICBC) which recently launched in Doha, Dubai and Abu Dhabi is planning to operate in Kuwait and Saudi Arabia as well. The bank, which has recently applied for licenses to launch in the two gulf states, provides banks and corporations with a customized financing with Chinese currency, RMB, risk management services on interbank RMB financing, foreign exchange transactions and other treasury services. The ICBC is also one of the world's largest lenders.  

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