store information from this interview - Q1. Can you provide an overview of HBL’s presence in China and its contribution to promoting economic cooperation between China and Bangladesh?
- HBL has a strong presence in China, contributing significantly to economic cooperation between China and Bangladesh. With offices in Beijing and Urumqi, HBL established itself as a key player in the Chinese market. As the only bank with a branch in Beijing and an RMB business license in South Asia, the Middle East, Africa, and other regions, HBL has a competitive edge in facilitating cross-border transactions and supporting bilateral economic ties.
HBL offers tailored services for businesses engaged in China-Bangladesh trade, including trade financing, international settlement, and project financing, ensuring smooth transactions. By providing these services, HBL strengthens economic cooperation and trade relations between the two countries.
Recognizing the historical exchanges between China and Bangladesh, HBL continues this tradition by offering comprehensive financial solutions and promoting a mutually beneficial partnership. Through its presence in China, HBL plays a vital role in facilitating trade, investment, and overall economic development between the two nations.

Q2. Since the establishment of HBL’s Beijing Representative Office in 2005, what achievements are you most proud of? Could you share insights into the challenges you faced during this period?

- Since the establishment of HBL's Beijing Representative Office in 2005, we are proud of several notable achievements. One significant accomplishment is the expansion of our presence with branches in Urumqi and Beijing, allowing us to effectively serve the Chinese and Bangladeshi markets. Another important milestone is the establishment of our dedicated China Desk in HBL Bangladesh, which provides specialized support to local and Chinese businesses, fostering bilateral cooperation and contributing to economic development across various industries.
Throughout this period, we faced various challenges that required careful navigation. These challenges included understanding and complying with complex banking regulations in both China and Bangladesh, gaining in-depth market knowledge, and bridging communication gaps. However, through our expertise, strategic partnerships, and unwavering commitment, we successfully overcame these obstacles. Our ability to adapt and provide seamless support to our clients has been instrumental in our journey of growth and success.

Q3. How does HBL actively support the Belt and Road Initiative and facilitate trade and investment between China and Bangladesh?

- HBL actively supports the Belt and Road Initiative by offering specialized financial services for cross-border trade between China and Bangladesh. We provide trade financing, international settlement services, and project financing to facilitate smooth transactions. Collaborating closely with government agencies, regulators, and industry partners, we create a conducive environment for trade and investment. Our efforts aim to enhance connectivity and integration, aligning with the Belt and Road Initiative's objectives.
With our extensive network of branches in both countries, HBL is well-positioned to cater to the specific needs of businesses engaged in cross-border trade. We help businesses access funds for international trade activities, ensure secure and efficient transactions through international settlement services, and support infrastructure development initiatives through project financing. Through comprehensive financial solutions, strategic partnerships, and a deep understanding of the markets, HBL plays a vital role in driving economic cooperation and fostering connectivity between China and Bangladesh as part of the Belt and Road Initiative.

Q4. What specific services and facilities does HBL offer to support Chinese businesses operating in Bangladesh?

HBL provides a comprehensive range of unique services and facilities to support Chinese businesses operating in Bangladesh. We have established a dedicated China Desk with a specialized team of professionals who cater specifically to the needs of clients engaged in China-Bangladesh trade. Additionally, we actively facilitate large Chinese companies participating in government mega infrastructure projects by addressing their local financing requirements and providing guidance on regulatory compliance. Moreover, HBL offers RMB-denominated transactions to meet the increasing demand of corporates and financial institutions, ensuring smooth cross-border transactions and enhancing trade facilitation between China and Bangladesh. Our goal is to provide tailored financial solutions and expertise to support the success and growth of Chinese businesses in Bangladesh.
These services and facilities demonstrate our commitment to supporting and facilitating the operations of Chinese businesses in Bangladesh, promoting economic cooperation between the two countries.

Q5. Given the impact of inflation and the strong dollar on imports, how will HBL facilitate Bangladesh’s consideration of trading with China directly in RMB?

- I believe HBL is well-equipped to facilitate direct RMB transactions between China and Bangladesh, leveraging our expertise and infrastructure developed through strategic partnerships with the Chinese banking sector. Our comprehensive RMB services, including simplified RMB transactions, help mitigate the impact of inflation and the strong dollar on imports, enabling smoother cross-border trade.
We cater to diverse needs, such as providing RMB remittance services for Chinese nationals working in Bangladesh and facilitating RMB-denominated transactions for businesses. These initiatives underline our commitment to meeting the increasing demand for RMB services and bolstering economic cooperation between China and Bangladesh. With HBL's support, Bangladesh can consider trading with China directly in RMB, ensuring a more efficient and stable trading environment.

Q6. How does HBL’s presence in Beijing and Urumqi contribute to its role as a bridgehead for Chinese enterprises seeking global expansion?

- HBL's presence in Beijing and Urumqi serves as an important gateway for Chinese businesses looking to expand globally. With the support of government departments and regulatory agencies, HBL has established branches in these cities, making it the only financial institution with a branch in Beijing and a license to operate in South Asia, the Middle East, Africa, and other regions.
Having branches in Beijing and Urumqi allows HBL to respond quickly to market demands and provide timely support to Chinese businesses. Additionally, HBL's services in Chinese currency (RMB) enable smooth cross-border transactions and financing, benefiting from the increasing international use of the RMB.
Through its strategic locations, HBL acts as a facilitator, connecting Chinese businesses with global opportunities. It plays a vital role in supporting Chinese companies as they expand internationally, serving as a trusted financial partner and providing valuable assistance and support throughout their global journey.

Q7. From your perspective, what are the prospects for future cooperation between China and Bangladesh in finance and trade? How will HBL play a role in shaping this evolving landscape?

We are optimistic about the future prospects of cooperation between China and Bangladesh in finance and trade. With the Belt and Road Initiative and the growing economic ties, there is a solid foundation for increased collaboration. HBL is fully committed to playing a significant role in shaping this evolving landscape.
Through our extensive global network and expertise in international finance, we provide tailored financial services to meet the specific needs of businesses involved in China-Bangladesh trade. Our dedicated China Desk, staffed with a specialized team, ensures effective support for Chinese businesses in Bangladesh and strengthens bilateral relationships.
HBL actively promotes dialogue and collaboration among key stakeholders, including government agencies, regulatory bodies, and industry players, to facilitate trade and investment flows. We prioritize building mutually beneficial relationships and fostering an environment that encourages sustainable growth and prosperity for both countries.
In summary, HBL is well-positioned to contribute significantly to the future cooperation between China and Bangladesh in finance and trade. We leverage our global network, provide tailored financial solutions, and foster collaboration to drive economic growth and forge stronger ties between the two nations.

Q8. Please share insights from your recent visit to Bangladesh.

- During my recent visit to Bangladesh, I was truly impressed by the remarkable growth and vibrant energy of the market. Engaging with our clients and partners provided valuable insights into their businesses, the existing opportunities, and the challenges they confront. Witnessing the positive impact of HBL's initiatives further solidified our commitment to fostering cooperation between China and Bangladesh.
This visit reaffirmed our dedication to supporting Chinese businesses in Bangladesh and establishing enduring partnerships. We firmly believe in the immense potential of this dynamic market and are determined to provide the necessary financial services and expertise for their continued success. Our experience during the visit has greatly inspired us to further cultivate sustainable relationships between China and Bangladesh.