The New Zealand Bankers’ Association CEO Karen Scott-Howman said the move benefits economic relations between China and New Zealand. “China is one of New Zealand’s most important trading partners. Having Chinese banks here helps support this trading relationship.”
She also said CCBNZ’s participation in the industry promotes further competition and diversity.
CCBNZ CEO Jun Qi said; “CCB is one of the largest global banks by market capitalisation and total assets. It operates in 30 countries. Since our inception, CCBNZ has aspired to be the first-call Chinese bank in New Zealand. We can leverage our extensive CCB network in China and worldwide.”
Other association members include NZ New Zealand, ASB
Bank, Bank of China, Bank of New Zealand, Bank of Tokyo-Mitsubishi UFJ, Citibank, The Co-operative Bank
, Heartland Bank
, Hong Kong and Shanghai Banking Corporation, Industrial and Commercial Bank of China, JPMorgan Chase Bank, Kiwibank, Rabobank New Zealand, SBS Bank
, TSB Bank
, and Westpac
Westpac offers Chinese language ATMs
Westpac boss to chair bankers’ association
The New Zealand Bankers’ Association has added international finance giant China Construction Bank NZ (CCBNZ) to its ranks, bringing the group’s total number of members to 17.