Bank of China mainly seeks candidates who are familiar with the Chinese culture and language, as a good command of Chinese is a plus, according to the job ads for such positions as office manager.
Bank of China has not applied for any license from Romania’s central bank to operate as a commercial bank so far, the central bank told ZF. Under the circumstances, the publication of the job ads shows the employees will not be doing traditional banking, which requires prior approval from Romania’s central bank. Therefore, Bank of China could be funding investment projects, such as infrastructure projects, invest in government paper or do other operations that do not entail lending or managing consumers’ deposits.
Romana’s central bank governor Mugur Isarescu was in China for an official visit, at the invitation of the governor of People’s Republic of China central bank, Gang Yi, in February 28 – March 5. Romania’s central bank management met with the management of China’s central bank, of Bank of China and of Asian International Infrastructure Bank.
(English version by Loredana Fratila-Cristescu)