Bank of China held a renminbi business promotion conference in Ankara, Turkiye, on Feb 6. Ge Haijiao, chairman of BOC, delivered a speech at the event. Attendees included Chinese Ambassador to Turkiye Jiang Xuebin, Turkish Deputy Minister of Treasury and Finance Osman Celik, and President of the Investment and Finance Office of the Presidency of the Republic of Turkiye Ahmet Burak Daglioglu, along with other government and institutional representatives.

The conference was an important step by BOC to boost economic, trade, and financial cooperation between China and Turkiye. It included detailed introductions to RMB products and services in cross-border trade settlement, project financing, and exchange rate risk hedging, highlighting BOC's unique strengths in facilitating cooperation between the two nations.

Ge stated that BOC is ready to work with all sectors to jointly build a "highway" for payment and settlement, create new momentum for economic and trade cooperation, and deliver safe, efficient, and high-quality cross-border RMB payment and settlement services for institutions in both countries.

He added that BOC aims to expand the "circle of friends" for trade and investment by exploring new financial cooperation opportunities, continuously enriching the supply of credit financing, investment transactions, and other products, and promoting new successes in cross-border investment and financing, green finance, and fintech cooperation.

Ge highlighted BOC's role as a "financial bridge" to deepen bilateral exchange, assisting more Turkish companies in accessing the Chinese market and supporting more Chinese enterprises in investing and operating in Turkiye. This aims to promote sustained and steady growth in practical cooperation between the two nations.

During his visit, Ge met with Salim Arda Ermut, CEO of the Turkiye Wealth Fund. Both sides expressed a commitment to deepening cooperation in key areas such as major project development, bond financing, and the improvement of RMB-denominated products and services, building on a long-term mutually beneficial partnership. They agreed to use current opportunities to achieve shared growth and to further support Turkiye's economic restructuring efforts.

Additionally, Ge held separate talks with Chinese Ambassador to Turkiye Jiang Xuebin and Consul General of China in Istanbul Wei Xiaodong. The discussions focused on strengthening corporate social responsibility initiatives and improving services for clients from the two countries. They also exchanged views on further aligning with broader bilateral relations and advancing trade and economic connectivity. During his inspections of BOC's Turkish subsidiary and its Ankara branch, Ge outlined strategic priorities for expanding business across the Middle East, strengthening core competitiveness, and reinforcing risk management.