On June 5th 2 of 2017, witnessed by Chinese and Angolan political dignitaries, Mr. Chen Siqing, the then president of Bank of China and the current chairman of board of directors of Bank of China, and Mr.Manuel, the then minister and chef of civil house of Angola, together unveiled the nameplate of Bank of China Luanda Branch, the first Asian bank as well as the first foreign bank established in the form of branch in Angola, celebrating the symbolic moment of the formal entrance in Angolan market of Bank of China.

Bank of China Luanda Branch, former as Luanda representative office established in 2012, with its focus on corporate business, is currently is making all-out effort to promote products such as deposits, loans, transfers/remittances, international settlement, trade financing, financial markets, etc., conducting actively cross-border guarantee /financing business between China and Angola, dedicated to provide comprehensive and efficient financial services to all clients.

In the future, following closely the strategic goal of “building a world-class bank in a new era”, the Bank of China Luanda Branch will bring the Group’s advantages into full play in cross-border services, building bridge for financial cooperation in order to further promote economic and trade exchanges between China and Africa.

Formally established in February 1912, as China’s most internationalized and diversified bank, as the sole Chinese financial institution that has been continuously operating for more than 100 years, the sole Chinese enterprise that has been entered FORTUNE Global 500for 28 consecutive years, as the sole financial institution from emerging economies designated as a Global Systemically Important Bank for 6 consecutive years, Bank of China, ranked 4thin Top 1000 World Banks listed by The Banker British magazine in 2017, has set up overseas branches/subsidiaries/institutions in 53 countries/regions by the end of 2017including 7 African countries as well as has established correspondent relationships with more than 1600 foreign banks in nearly 180 countries and regions, building a global coverage of its Service Network.