Bangladesh, Oct. 21 -- Bangladesh is seeking to attract Chinese banks to establish a local presence to support trade and investment between the two countries, whose bilateral trade reached $19 billion in the 2024-25 fiscal year.

The initiative was highlighted at "Bangladesh Day", jointly organised by the Export-Import Bank of China (China Exim Bank) and Invest Bangladesh at the Chinese bank's headquarters in Beijing on 20 October.

The event brought together representatives of 11 Chinese financial institutions, including the Industrial and Commercial Bank of China, Agricultural Bank of China and Bank of China, alongside 26 Chinese companies operating in sectors ranging from infrastructure and energy to information technology, electronic...