The latest opening marks its 23rd overseas unit.
Bank of Communications (BoCom) has opened a branch in Prague as part of its efforts to deepen its footprint in Central Eastern Europe, according to Xinhua.
The bank's 23rd overseas branch will provide account services, corporate financing services, international settlement and trade financing services, and treasury services.
So far, three Chinese banks, including the Bank of China, the Industrial and Commercial Bank of China (ICBC), and the BoCom have successively established their branches in the Czech Republic.
Join Asian Banking & Finance community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!