Relationship with Chinese Banks
Adnan and Adel had ensured, upon their acquisition of Fransabank SAL in the 1980s, to establish correspondent accounts with Chinese banks.
Fransabank has, for over three decades, started and developed a strong collaboration with the various leading Chinese banks for the purpose of serving each other’s customers and facilitating trade exchanges between China and the Arab world, as well as the other markets served Fransabank’s growing international expansion.
The China Desk team would build on this historic strong relationship with the Chinese banks to further strengthen the relations to better cater to the growing Chinese presence and investments in its markets.
Fransabank counts amongst its Chinese correspondent and partner banks many of the leading Chinese banks including Bank of China, ICBC, The Agricultural Bank of China, China Citic Bank, China Merchants Bank, China Development Bank, Exim Bank as well as many foreign banks present in China.