The founding principles of Bank of China have always been predicated on unity, hard work, and excellence. During the last year it has had to rely on these in particular to overcome the pandemic and open up a new and prosperous chapter for Macau
Having long relied on the gaming industry for growth, the Macau Special Administrative Region is keen to diversify its economy. ICBC (Macau) is ready to support this strategy through the development of a specialised finance sector
Playing key roles in both the Guangdong-Hong Kong-Macau Greater Bay Area and the Belt and Road Initiative, Macau has a bright future ahead of it. Bank of China Macau Branch is well placed to support the region’s evolution
Macau is in the midst of an economic transformation designed to meet the broader region’s growing aspirations. Its success depends on the city’s financial services sector keeping pace with the ambitions of its people
China recently unveiled a national development plan for the bay area that connects Guangdong, Hong Kong and Macau. To achieve these lofty goals, Macau is developing its strengths and becoming a regional champion
Macau’s economy has long been overly reliant on the gaming industry, but China’s ambitious Belt and Road initiative is presenting it with a golden opportunity to diversify
Following the sharp decline of the gaming industry, Macau’s financial sector is seeking to diversify quickly to boost the region’s economy
Given its Portuguese heritage, Macau acts as the perfect facilitator of cooperation between China and the Portuguese-speaking world
Though its key tourism and gaming sectors have contracted recently, Macau’s growth has stayed strong. Now, an outward-looking, competitive banking sector is leading the region to a prosperous future
As the SAR moves away from its reliance on gaming, Macau’s banks must broaden their product offerings and look to attract foreign investment