As China gradually opens up to forex more and more forex brokers are eyeing this huge continent. China’s forex potential is massive and is far from being exploited. Until retail forex is fully authorized within China many brokers are using Hong Kong as a convenient gateway to access the massive Chinese as well as Far East markets. MIG now becomes the latest broker to do so.
MIG BANK, a leading Swiss bank providing online trading services for private and institutional clients today announced the opening of a representative office in Hong Kong. The opening of this office brings MIG BANK closer to its clients and business partners in Asia and represents a first step of the Bank’s planned growth in this strategically important region.
In accordance with local regulations, the representative office will be able to market the Bank’s banking services in Hong Kong and function as a liaison between the Bank and its local customers.
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Commenting on the opening, Hisham Mansour, Chief Executive Officer of MIG BANK said, “We are delighted to be opening a representative office in Asia. It will help to facilitate smoother communications with Asia-based clients and business partners in their own languages and time zones and, we will also be able to offer assistance to the Asia account management team in Switzerland. This is an exciting first step in our planned global geographical expansion”.