Source: CCTV.com

02-02-2008 11:35

The Industrial and Commercial Bank of China, the country's largest lender, says it has won approval from Qatar's banking regulator to set up a branch in Doha.

The Industrial and Commercial Bank of China, the country's  largest lender, says it has won approval from Qatar's banking  regulator to set up a branch in Doha. (Photo: qq.com)

ICBC says it's the first Chinese bank to open a branch in the Gulf, marking an important step in its expansion abroad. In an e-mailed statement, the bank says the Doha branch will focus on wholesale banking, while providing consulting, trust and asset management services.

Editor:Xiong Qu