Bank of China

Finance Mehmet Şimşek will travel to Beijing to attend the second meeting of the Türkiye-China Intergovernmental Cooperation Committee (ICC), the highest-level consultation mechanism between the two countries.

The European Bank for Reconstruction and Development (EBRD) is supporting the production of a range of next generation all-electric and plug-in hybrid variants of one-ton commercial vehicles for the European market by arranging a 650 million-euro loan to Ford Otosan, US automaker Ford's joint venture with Turkey's Koç Holding, according to a statement from the bank on July 14.

Substantial opportunities and significant prospects are opening up for Greece with the emblematic upgrade of its strategic relationship with China which peaked with the visit of Chinese President Xi Jingpin to Athens.

Chinese President Xi Jinping has arrived in Greece on an official visit meant to deepen economic ties between the two countries.

Chinese President Xi Jinping has arrived in Athens on a two-day official visit.

Xi was met at the Athens Airport by Foreign Minister Nikos Dendias.

On Monday, Xi is due to meet President Prokopis Pavlopoulos, who visited China last May, and Prime Minister Kyriakos Mitsotakis. Xi and Mitsotakis also met a few days ago, at the China International Import Expo in Shanghai.

The European Investment Bank has approved a 100-million-euro loan to Cosco to finance part of the Chinese company's investment in the port of Piraeus.

The funds will be used for the first stage of the 612-million-euro master plan, providing for the expansion of the cruise terminal, a new passenger terminal, a car park and a new logistics area.

Two of China's biggest banks plan to do business in Greece, the Bank of Greece, has announced. 

Specifically, the central bank informed the Development Ministry on October 31 about the establishment of branchs of a branch of Bank of China (Europe) Luxembourg. 

The branch is to be located at Mesogeion Avenue, 2, and has a launch date of November 1, the BoG said. 

The Delphi Economic Forum is organizing a foreign direct investment round table at the Hotel Grande Bretagne in Athens on Friday which is expected to draw the attention of the business world. Several ministers will take part and the main topic will be how Greece can become a focus for investment.

Bank of China will open a branch in Greece by the end of the year, the bank's head of European operations, Zhou Lihong, said on Wednesday in Athens, during a meeting with Foreign Minister Nikos Dendias and Deputy Foreign Minister for Economic Diplomacy Kostas Fragogiannis.

The minister welcomed the Chinese ambassador, who recently began her diplomatic mandate in the Republic of Serbia, and particularly emphasized excellent cooperation with the previous Ambassador of China Li Manchang, adding that he believes that successful cooperation will continue.