作者:高健
来源:中国证券报·中证网 2010-10-14 20:25:00
加拿大历史上的第一家银行BMO银行金融集团今日在其位于北京的中国总部举行剪彩仪式,庆祝其子公司蒙特利尔银行(中国)有限公司正式开业。加拿大运输、 基础设施和社区部长查克·斯特拉尔出席了剪彩仪式。 斯特拉尔表示:“加拿大认识到,中国强劲的经济增长为深化加中两国的商品和服务贸易、增加就业机会、加强双边合作提供了无限机遇。”
BMO银行金融集团总裁兼首席执行官邓伟信表示:“中国目前是BMO北美市场以外的重要成长性市场,蒙特利尔银行(中国)有限公司的开业使我们 可以更加灵活地向中加两国客户提供产品和服务,其中包括可能开展的新的财富管理和零售银行业务。随着中国金融市场的逐步开放和金融监管体系改革的进行,中 国子公司将有助于我们更加快速地发展。”
未来得到监管部门审批后,蒙特利尔银行(中国)有限公司有望开展的新产品和服务机会包括,对中国公民的人民币零售业务、分销国内的基金产品,包括富国基金管理有限公司的基金、分销人民币信托理财产品、承销政府债券、销售金融创新产品的许可。
蒙特利尔银行(中国)有限公司行长兼首席执行官、同时也担任新法人银行董事的余俊明表示:“本地法人银行在拓展中国现有业务和分支机构、利用中 国市场巨大的增长潜力方面具有明显的优势。随着本地法人银行的成立,BMO将成为有能力为客户提供完整金融服务的少数外资银行之一。
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[FONT=楷体]BMO becomes first Canadian bank to incorporate in China
[/FONT]
Toronto-based BMO is now one of only 30 foreign banks to incorporate in the world’s most populous country.
That highly-prized status gives its newly incorporated subsidiary — Bank of Montreal (China) Co. Ltd. (BMO ChinaCo) — full powers to operate like a local bank.
With that licence, BMO ChinaCo can accept renminbi deposits and bolster its wealth management business with relative ease.
Bill Downe, president and chief executive officer of BMO Financial Group, said the bank is now in a better position to capitalize on China’s continuing financial liberalization and regulatory reform.
“What we are very interested in is being able to start to build our personal wealth management business, the private banking business, in China,” Downe said in an interview from Beijing.
Subject to regulatory approval, new products could include the distribution of domestic mutual funds and other wealth management products.
BMO already has a 28 per cent stake in Fullgoal Fund Management Co., a leading Chinese mutual fund company. BMO eventually wants to distribute Fullgoal’s funds in North America, while distributing BMO funds in China.
While incorporation also allows BMO to establish a full retail branch network in China, Downe concedes such a move would not be feasible.
BMO has about 200 employees in China and operates branches in Beijing, Guangzhou, Shanghai and Hong Kong. It also has a representative office in Taipei, Taiwan.
The bank’s ties to the Asian country, however, stretch back to 1818 when it undertook its first foreign exchange transaction in support of trade with China.
Other Canadian banks and insurers are also eager to expand in China, which boasts economic growth prospects of 10.2 per cent in 2010.
Downe was quick to credit the federal government for being a “champion” of Canadian businesses in China.
“When you want to compete to develop business, having the support of your home government provides assurance and confidence to both customers and partners,” Downe said.
As a result, BMO’s incorporation has wider-reaching implications for Canadian-Sino relations.
Thursday’s ribbon-cutting ceremony at BMO’s Beijing headquarters coincided with the 40th anniversary of diplomatic ties between Canada and China.
Chuck Strahl, minister of transport, infrastructure and communities, attended the event and offered “personal congratulations” from Prime Minister Stephen Harper.
“Canadians recognize that China's stunning economic growth offers opportunities for increased trade in goods and services that creates jobs and builds co-operation on both sides of the Pacific,” stated Strahl.
Harper, long criticized for alienating China, has made repairing relations a key priority in recent years.
In 2009, Finance Minister Jim Flaherty led a high-profile delegation to China, followed by Harper’s first official visit to the Asian country.
Harper had previously been disparaged for scuttling relations between the two countries, which hit a low point in 2006.
At that time, Harper said Canadians would not want him to sell out their values, including a belief in human rights, “to the almighty dollar.”
Those comments stand in sharp contrast to Harper’s message on Thursday, hailing the affinity between the two countries.
“During this 40th anniversary year of diplomatic relations between Canada and China, it is heartening to witness the growth of this relationship,” Harper wrote in his letter.
“This project will undoubtedly encourage greater commercial ties and foster the developing friendship between our two nations.”[/FONT]
来源:中国证券报·中证网 2010-10-14 20:25:00
加拿大历史上的第一家银行BMO银行金融集团今日在其位于北京的中国总部举行剪彩仪式,庆祝其子公司蒙特利尔银行(中国)有限公司正式开业。加拿大运输、 基础设施和社区部长查克·斯特拉尔出席了剪彩仪式。 斯特拉尔表示:“加拿大认识到,中国强劲的经济增长为深化加中两国的商品和服务贸易、增加就业机会、加强双边合作提供了无限机遇。”
BMO银行金融集团总裁兼首席执行官邓伟信表示:“中国目前是BMO北美市场以外的重要成长性市场,蒙特利尔银行(中国)有限公司的开业使我们 可以更加灵活地向中加两国客户提供产品和服务,其中包括可能开展的新的财富管理和零售银行业务。随着中国金融市场的逐步开放和金融监管体系改革的进行,中 国子公司将有助于我们更加快速地发展。”
未来得到监管部门审批后,蒙特利尔银行(中国)有限公司有望开展的新产品和服务机会包括,对中国公民的人民币零售业务、分销国内的基金产品,包括富国基金管理有限公司的基金、分销人民币信托理财产品、承销政府债券、销售金融创新产品的许可。
蒙特利尔银行(中国)有限公司行长兼首席执行官、同时也担任新法人银行董事的余俊明表示:“本地法人银行在拓展中国现有业务和分支机构、利用中 国市场巨大的增长潜力方面具有明显的优势。随着本地法人银行的成立,BMO将成为有能力为客户提供完整金融服务的少数外资银行之一。
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[FONT=楷体]BMO becomes first Canadian bank to incorporate in China
[/FONT]
[FONT=楷体]Published On Thu Oct 14 2010 [/FONT]
[FONT=楷体] Rita Trichur Business Reporter [/FONT]
[FONT=楷体] Bank of Montreal achieved a major milestone on Thursday after becoming the first Canadian bank to incorporate in China — a rare feat that signals a dramatic improvement in Sino-Canadian relations.[FONT=楷体] Rita Trichur Business Reporter [/FONT]
Toronto-based BMO is now one of only 30 foreign banks to incorporate in the world’s most populous country.
That highly-prized status gives its newly incorporated subsidiary — Bank of Montreal (China) Co. Ltd. (BMO ChinaCo) — full powers to operate like a local bank.
With that licence, BMO ChinaCo can accept renminbi deposits and bolster its wealth management business with relative ease.
Bill Downe, president and chief executive officer of BMO Financial Group, said the bank is now in a better position to capitalize on China’s continuing financial liberalization and regulatory reform.
“What we are very interested in is being able to start to build our personal wealth management business, the private banking business, in China,” Downe said in an interview from Beijing.
Subject to regulatory approval, new products could include the distribution of domestic mutual funds and other wealth management products.
BMO already has a 28 per cent stake in Fullgoal Fund Management Co., a leading Chinese mutual fund company. BMO eventually wants to distribute Fullgoal’s funds in North America, while distributing BMO funds in China.
While incorporation also allows BMO to establish a full retail branch network in China, Downe concedes such a move would not be feasible.
BMO has about 200 employees in China and operates branches in Beijing, Guangzhou, Shanghai and Hong Kong. It also has a representative office in Taipei, Taiwan.
The bank’s ties to the Asian country, however, stretch back to 1818 when it undertook its first foreign exchange transaction in support of trade with China.
Other Canadian banks and insurers are also eager to expand in China, which boasts economic growth prospects of 10.2 per cent in 2010.
Downe was quick to credit the federal government for being a “champion” of Canadian businesses in China.
“When you want to compete to develop business, having the support of your home government provides assurance and confidence to both customers and partners,” Downe said.
As a result, BMO’s incorporation has wider-reaching implications for Canadian-Sino relations.
Thursday’s ribbon-cutting ceremony at BMO’s Beijing headquarters coincided with the 40th anniversary of diplomatic ties between Canada and China.
Chuck Strahl, minister of transport, infrastructure and communities, attended the event and offered “personal congratulations” from Prime Minister Stephen Harper.
“Canadians recognize that China's stunning economic growth offers opportunities for increased trade in goods and services that creates jobs and builds co-operation on both sides of the Pacific,” stated Strahl.
Harper, long criticized for alienating China, has made repairing relations a key priority in recent years.
In 2009, Finance Minister Jim Flaherty led a high-profile delegation to China, followed by Harper’s first official visit to the Asian country.
Harper had previously been disparaged for scuttling relations between the two countries, which hit a low point in 2006.
At that time, Harper said Canadians would not want him to sell out their values, including a belief in human rights, “to the almighty dollar.”
Those comments stand in sharp contrast to Harper’s message on Thursday, hailing the affinity between the two countries.
“During this 40th anniversary year of diplomatic relations between Canada and China, it is heartening to witness the growth of this relationship,” Harper wrote in his letter.
“This project will undoubtedly encourage greater commercial ties and foster the developing friendship between our two nations.”[/FONT]