KARACHI: HBL President and CEO Muhammad Aurangzeb hosted People’s Bank of China Currency Policy Committee Member Dr Ma Jun on October 9, 2018 at the HBL Plaza. The event was part of Jun’s visit to Pakistan organised by HBL. The event was attended by leading businessmen and corporates and focused on green finance, RMB internationalisation and relocation of export-based industries from China to Pakistan. The major discussion was around increasing the use of RMB in trade between Pakistan and China. Two former governors of the State Bank of Pakistan; Salim Raza and Dr Shamshad Akhtar were also in attendance and led an engaging discussion with Ma. Speaking on the occasion, HBL president and CEO said that HBL is uniquely positioned to assist companies under the China-Pakistan Economic Corridor (CPEC) and promote cooperation between the corporates of Pakistan and China. He said that HBL is the only Pakistani bank to have banking operations in China, and will soon start RMB operations in China.
Published in The Express Tribune, October 12th, 2018.