Standard bank launched Africa China Banking centre

Africa China Banking, Standard Bank Head, George Lo Photo: Simphiwe Mbokazi

Africa China Banking, Standard Bank Head, George Lo Photo: Simphiwe Mbokazi

Published Jun 28, 2017

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Johannesburg - Standard Bank on Wednesday launched the world’s first

dedicated Africa China Banking Centre (ACBC) in Johannesburg.

The Centre will look to provide a platform to link African

and Chinese clients with China’s digital banking and customer knowledge systems.

Africa China Banking, Standard Bank Head, George Lo said:

“This is the beginning of a long sustainable journey. We are starting to build

a gateway between Africa and China.

“Through this unique hub, we are able to offer African and

Chinese clients a business-to-business networking and personal advisory

service, helping them to access and unlock the many opportunities in

Africa-China trade,” said Lo.

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He said their primary communication platform will be WeChat

 because Chinese people are quite addicted to it.

Six dedicated bankers will assist clients with day to day

banking needs such as card facilities and transactions, internet and

self-service banking, cross-border payments, and foreign currency services and

support.

“With plans for further investment in Africa China Banking

Centres in the key African growth hubs of Kenya, Zambia, Nigeria and Ghana

before the end of 2017, Standard Bank’s vision is not just to combine African

and Chinese capabilities, but to make the sum of Africa and China bigger than

the whole.

This is the scale of our challenge, but also the scale of

the opportunity that Standard Bank and ICBC are uniquely placed to realise,”

said Lo.

ICBC representative Sun Gang said: “it is our pleasure to be

here and witness this historic event, to give our client the highest bank

service is a priority.”

“Africa is a market with great potential for the future;

ICBC has built a bridge between the two markets to create possibilities. This

is the beginning of us to produce more specialized financial contact and

services to our Chinese clients,” said Gang.  

BUSINESS REPORT ONLINE 

 

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