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Banking on regional development

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In recent years, Hong Kong’s banking industry has focused on business expansion in the Guangdong-Hong Kong-Macao Bay Area as well as fintech innovation.

Bank of China (Hong Kong) (BOCHK) implements the overseas development strategy of BOC Group. The bank strives to drive its regional development by expanding its business in the Southeast Asian region. The bank’s branches and subsidiaries have been extended to Southeast Asian countries such as Malaysia, Thailand, Indonesia, Cambodia, Brunei, Vietnam and the Philippines, with the provision of professional and high-quality financial services to local customers.

BOCHK will also expedite its development into a top-class, full-service and internationalised regional bank. In order to align with the development of internationalised regional banks, BOCHK puts great emphasis on international talent acquisition and training, and gains high recognition in banking industry. BOCHK was recently awarded a gold, two silvers and one bronze awards at the Asia Recruitment Awards. The bank was awarded gold for Best Use of Recruitment Technology and silver for Best Regional Recruitment Strategy.

With the government’s active promotion of fintech development, Hong Kong has seen some rapid growth in online financial services such as mobile payment, fingerprint authentication, voice recognition and big data marketing.  Technology has changed people’s lifestyle and also clients’ expectations on bank services.

As a pioneer in fintech innovation, BOCHK is proactively promoting new financial technology development. In addition to launching Blockchain technology, the bank also introduced ATM finger vein authentication earlier this year, which helped the company gain recognition in fintech development across the industry.

In talent acquisition, BOCHK implements various recruitment tactics for acquiring talents, so as to enhance overall recruitment professionalism.

Combining these two strategic developments, BOCHK has refined its human resources strategy and positioned itself as a regional bank. It launched regional recruitment programmes, branch trainee programmes, Southeast Asia Management Trainee programme, and established a comprehensive system for talent acquisition, training and talent management that provides a great development platform for talents who are interested in building their career in regional banks.

The next generation needs to expand their horizons and equip themselves to become multinational and financially innovative talent with the following five qualities:
1. Language ability.
2. Communication and co-ordination skills.
3. Cross-cultural integration skills.
4. Strive for change and innovation.
5. Willing to develop resilience and resistance to stress.

This article was brought to you by Bank of China (Hong Kong)

 



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