Industrial & Commercial Bank of China has been authorized by the Qatar Financial Centre Regulatory Authority to operate a full branch from the Qatar Financial Centre.

Jiang Jianqing, Chairman of ICBC and seen in our illustration, said: ‘We are delighted to have received our license from the Qatar Financial Centre. This is the first time a Chinese bank has established operations in the Middle East.’

Stuart Pearce, CEO & Director General of Qatar Financial Centre Authority, said: ‘We are very pleased to welcome Industrial & Commercial Bank of China as a licensed firm and see their commitment to Qatar as evidence of the growing trade between China and the Middle East.’
Source: Fox Business