2018-08-02 13:37
On July 27, 2018, Deputy Director Xu Zongjun met with Liu Yizhou, chief representative assistant of DZ BANK. Relevant staffs from the district promotion office of the bureau and the banking service department of the Municipal Financial Work Bureau accompanied the meeting.
DZ BANK is the top 2 banking institutions in Germany, covering 1,500 local banks, it is one of the German Central Clearing Banks. Its headquarter is located in Frankfurt, and its main businesses include securities, investments, finance, and e-banking. It has branches in world financial centers such as London, Hong Kong, Tokyo, New York, and Singapore. In 2012, DZ BANK ranked 334th in the Fortune Global 500.
Liu Yizhou, chief representative assistant of DZ BANK, introduced the bank's historical origins, business operations, cooperative banking model and current working conditions in mainland China. She pointed out that the bank not only provide services to local cooperative banks and small and medium-sized companies, but also provides extensive and constantly updated banking products and financial services for German companies, foreign companies and other international institutions with which they have direct business dealings. Deputy Director Xu Zongjun introduced the main duties of the bureau, publicized and promoted the policy of expanding the business environment and financial industry in Beijing, and suggested that banks should cooperate with Beijing in combination with their own resource advantages to promote more high-quality partners in the financial sector to settle in Beijing. The comrades of the Municipal Financial Work Bureau introduced the preconditions, required documentations and processing procedures for the establishment and opening of foreign bank branches in Beijing.
Both sides expressed their hope to become long-term partners, and hope to jointly build a new platform for marketing and publicizing Beijing's financial policy, broaden new channels of financial investment between China and Germany, and realize information sharing and financial reciprocity.