China Construction Bank opens branch in Hungary

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China Construction Bank opens branch in Hungary

STORY: China Construction Bank opens branch in Hungary DATELINE: April 21, 2023 LENGTH: 00:01:57 LOCATION: Budapest CATEGORY: ECONOMY SHOTLIST: 1. various of Chinese-Hungarian bilingual school students 2. various of opening ceremony 3. SOUNDBITE (Hungarian): MARTON NAGY, Hungarian Minister of Economy Development STORYLINE: China Construction Bank (CCB), the world's second-largest bank based on assets, opened a branch in Hungary on Wednesday. At an opening ceremony held in the capital city Budapest, CCB Chairman Tian Guoli said the new branch will further encourage financial cooperation between China and Hungary, and provide quality financial services for Chinese and Hungarian enterprises, which includes a fintech lab to promote financial-technological innovations. Hungarian Minister of Economy Development Marton Nagy lauded the opening of the bank branch, saying that a well-functioning financial system and banks are crucial to economic growth. Expressing gratitude to CCB for assisting Hungary during the

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