Tariq Bajwa: Pakistan and China - cementing ties in banking and finance

Speech by Mr Tariq Bajwa, Governor of the State Bank of Pakistan, at the Official Opening Ceremony of Bank of China Limited Pakistan Operations, Islamabad, 7 November 2017.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Central bank speech  | 
17 January 2018

H.E. President Mamnoon Hussain,

Honorable President of Pakistan,

Mr. Chen Siqing, Chairman Bank of China,

Distinguished Dignitaries and Guests,

Ladies and Gentlemen,

Assalam-o-Alaikum and Good Morning,

It is a great pleasure to be here at the inauguration ceremony of Bank of China's operations in Pakistan. I welcome Bank of China in Pakistan. This is indeed a very auspicious occasion as the two brotherly countries, Pakistan and China, further cement their ties in the fields of Banking and Finance. Banks are to an economy what lubricants are for a machine.

Going forward, I hope that Bank of China will play its due role not only in the economic development of Pakistan but also be a catalyst in further strengthening our bilateral trade and banking relationships.