Banking, gaming and medical sectors all face an uncertain future according to speakers at business forum.
Bank of China
Under the innovative scheme, Macao residents will be able to buy reminbi-denominated wealth management products via participating banks.
Swift and simple service will be available at 1,100 ATMs across the city; plans to expand to Hong Kong in 2022.
Bank is already financing projects connected to Angola’s import substitution plan and agriculture.
Chan Hong and Victor Cheung Lup Kwan replaced by Alan Ho Ion Sang and Angela Leong On Kei.
Ambassador Gong Tao highlights China’s work implementing DSSI as member ofG20 and major creditor of African countries.
Bank of China’s 2020 profits represent a 3 per cent growth year-on-year when compared to 2019.
Bank of China, Limited (BOC) and Banco Nacional Ultramarino, SA (BNU) will both remain the issuers of the Macao currency until 2030, based under new agency contracts for the issuance of banknotes that had been signed today.
BNU existing control mechanisms are effective, the bank’s CEO assures, after documents leaked from the US federal agency FinCEN point to suspect financial transactions in Macao.