Africa-Press – Eswatini. The development of Eswatini’s financial sector should be central to the country’s investment drive.
This is because investment requires a highly developed financial sector that is able to facilitate the ease of trade locally, on the continent and the world at large.
The call was made by His Majesty the King Mswati III during a luncheon hosted in his honour by the Hun Nan Commercial Bank Vice Chairman Tom Lin yesterday.
The King extended gratitude to Hun Nan Commercial Bank for its role in supporting development in Eswatini and affording Emaswati opportunities to gain valuable experience through internships at the company.
“We have noted how your bank has been working hard to see how we develop the financial sector in the kingdom. This is important for us as we are here in Taiwan to not only target manufacturing institutions, but also the financial sector.
“We are in the process of establishing a strong financial sector in the kingdom and we look to this bank, which has a wealth of experience, to share their experiences as setting up banks can be complicated and competition is high,” he said.
The King expressed hope that since COVID-19 was subsiding, implementation of some of the investment goals shared in the past would get underway.
He thanked the bank for inviting key business associates which included a congressman who would play an important role in supporting initiatives aimed at developing Eswatini in parliament. The King said the country was ready to welcome investors from Taiwan.
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