(MENAFN) China's Bank of Communications (BoCom) has launched a branch in the Czech Republic as it plans to increase its support to Chinese investment in Europe.
The Prague branch is BoCom's 23rd overseas banking institution and the first one in Central and Eastern Europe from BoCom Group.
The services provided by the Prague Branch will include account services, corporate financing services, international settlement and trade financing services, and treasury services.
According to the president of BoCom, in recent years, Sino-Czech cooperation has achieved productive achievements in the areas such as trade, finance and tourism.
The bank is willing to make active contribution to the further deepening of economic and trade development between the two countries.
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