The Third Council Meeting of the China-Arab States Banking Association (CASBA) was held in Yinchuan, Ningxia.
On August 28, 2025, as one of the activities under the 7th China-Arab States Expo, the 3rd Council Meeting of the China-Arab States Bank Consortium was held in Yinchuan, Ningxia Hui Autonomous Region. The meeting was hosted by the China National Development Bank, the rotating chairman of the China-Arab Bank Union. The China National Development Bank stated that in the 7 years since its establishment, the China-Arab Bank Union has adhered to the principles of "equality, mutual respect, mutual benefit, fair competition, and common development," continuously improving the cooperation mechanism, expanding the cooperation areas, and enhancing the level of cooperation. It has played a positive role in supporting China-Arab economic and trade cooperation and promoting regional economic development.
Next, the China-Arab Bank Union suggested that they should fully leverage their own advantages, deepen strategic alignment, innovate service models, promote green finance, strengthen risk management, expand cooperation networks, and contribute financial strength to the construction of a China-Arab community with a shared future. The China National Development Bank is willing to work together with all member banks to deepen China-Arab financial cooperation and make new and greater contributions to the common development and prosperity of China and Arab countries. The meeting agreed to admit the National Bank of Kuwait to the China-Arab Bank Union. This is the first expansion of the China-Arab Bank Union since its establishment, further expanding the "circle of friends" in China-Arab financial cooperation.
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