Adnan and Adel ensured, upon their acquisition of Fransabank SAL in the 1980s, the establishment of correspondent accounts with Chinese banks. For over three decades, Fransabank has developed strong and lasting relationships with leading Chinese banks to serve mutual customers and facilitate trade exchanges between China, the Arab world, and other markets supported by Fransabank’s growing international expansion.
Building on this historic cooperation, the China Desk continues to strengthen these relationships in order to better serve the increasing Chinese presence and investments across its markets. Fransabank maintains correspondent and partner relationships with several major Chinese institutions, including Bank of China, ICBC, The Agricultural Bank of China, China CITIC Bank, China Merchants Bank, China Development Bank, Exim Bank, as well as a number of foreign banks operating in China.