London and New York branches shining bright
By Huang Mengxin | China Daily | Updated: 2012-06-26 07:42
Bank of China Ltd has established overseas branches in New York and London, which sets a good model for other Chinese lenders that are seeking to expand into the developed markets and build up a strong reputation among its local clientele.
The bank set up a London office in November 1929, the first foreign branch to be operated by a Chinese bank.
Later BOC expanded across the United Kingdom by establishing offices in Birmingham, Manchester, Glasgow and Chinatown of London.
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