Banco Nacional Ultramarino opens in Hengqin

By Xu Zhenhao, 
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The BNU Hengqin Branch opening ceremony was held on Jan. 18. The CEO of BNU and government leaders from Hengqin and Macao attended the ceremony. The BNU Hengqin Branch is the first branch of the international financial institution in Hengqin Free Trade Area. The branch is expected to engage in REM business and promote cooperation between Guangdong and Hong Kong under the Closer Economic Partnership Agreement.

Banco Nacional Ultramarino is the largest financial institution of its parent company Caixa Geral de Depósitos in Europe. It has branches established in 23 countries throughout Europe, Asia, Africa and America. BNU plans to play an essential role in linking the Chinese mainland and Macao to Portuguese countries with its branches in Hengqin and Shanghai.

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