The new CEO has had an extremely busy few months, holding a series of meetings with institutional investors in Australia and overseas, and visiting CBA operations in Hong Kong and South Africa.
QNB, the largest bank by assets in the Middle East and Africa, is active in Egypt and Turkey and has made forays into Singapore, Vietnam, Myanmar, India, Indonesia and China.
The Raffles Place launch "signals HSBC's intention to increase investment into Singapore across its consumer and wholesale banking businesses as part of a new three-year country plan", the bank said in a statement.
ICBC, the world’s largest bank by assets, set up its Dubai branch in 2008, which is the first branch set up in the Middle East by a Chinese bank.
The CBD President said,the targeted investments are off shoot of some of the commitments made by President Buhari during his April 2016 China visit ,when he led a delegation of Nigerian government officials to a high level bilateral business meeting