Absa sets up base in China through office in Beijing
The move is part of a ‘wider commitment by Absa to expand its operations with international representative offices in strategic markets’
Banking group Absa has opened a nonbanking subsidiary in Beijing, making a foray in the key Chinese market as the group ramps its international expansion.
Absa CEO Arrie Rautenbach said the office, which will be officially launched in May, will allow the group to support domestic Chinese clients who are in pursuit of deals in Africa...
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