Corporate and investment bank Rand Merchant Bank (RMB) has established Rand Merchant Advisory Company, in Beijing, China, as part of its Asia-Africa corridor strategy, which positions it closer to Chinese corporates and capital flows at a time when bilateral trade between China and Africa has reached an all-time high of more than $350-billion.
The office will strengthen RMB’s on-the-ground advisory presence, and enable more direct engagement with Chinese multinationals involved in large-scale projects across Africa.
“The establishment of Rand Merchant Advisory in Beijing is an important milestone in our corridor growth strategy. It brings us closer to Chinese corporates to connect them more effectively with opportunity across our African network,” says RMB CEO Emrie Brown.
“Our focus is on helping clients navigate cross-border trade, transactional banking, foreign exchange and investment flows with the benefit of local insight and deep African market expertise.”
Building on its long-standing presence in China, which began with its representative office in Shanghai in 2007, Rand Merchant Advisory in Beijing marks the next phase of the bank’s in-market presence to deepen client engagement and support cross-border opportunities across the corridor.
