ICBC is the first Chinese commercial bank to receive license from Pakistani regulatory to operate in the county.
The Chinese bank said its Karachi and Islamabad branches will build up partnership with Chinese enterprises in Pakistan, support the local transportation, energy, telecommunications and other infrastructure.
According to the ICBC, the two branches will provide financial services for companies and individuals, aiming to become a bridge and nexus for China-Pakistan economic and financial cooperation, play an active role in serving the economic and trade, and facilitating the economic development of Pakistan.
