Published: 8:44pm, 6 Jun, 2016 Updated: 2:54pm, 20 Jul, 2018
Bank of China Hong Kong is set to expand into a regional player throughout Thailand, Malaysia, Singapore, the Philippines, Cambodia and Vietnam after taking over its parents branch and sub-branch network in an effort to bolster Hong Kong's economy. The bank is looking to broaden its offerings to clients while working to finance more One Belt One Road-related projects. In addition to expanding into Southeast Asia, the bank's expansion plans include opening branches in China, India, Indonesia, Vietnam, Cambodia, Laos and Myanmar as well as establishing new relationships with local banks that are willing to work with