Hello, my name is Jaka Vadnjal, I am CEO of the Lon Bank. I’m coming from Slovenia, If you don’t know where Slovenia is. Slovenia is a small country in the heart of Europe, We are boarding to Italy and Austria and Adriatic Sea. So, we are easily to find on the map, But otherwise we are so small, probably 10% of the p.p. of Beijing is Slovenia. I’m the representative of the one the smallest but fastest growing banks in Slovenia. We are entirely private bank, and in our strategy which was developed three years ago. We decided that we also need to have international ambitious for international business. After considering a lot of opportunities both in Europe and also worldwide, and meeting a lot of interesting people. We decided that China and Chinese market maybe an opportunity for us to expend our banking services. So, now we are here in Beijing in order to speak to some potential clients. In order to meet them, and in order to understand what their needs are.
What we were considering now with our Beijing partners which is Ousheng Beijing office, We would like to offer to our Chinese clients our bank account. So, our bank account is normal non-residential account and at the moment. We are only doing accounts in Euros, I didn’t mention before, Slovenia is a part of Euro zone. So Slovenia banks including Lon Bank are members of EU and EEU, Which makes work with us probably even more interesting.
Our accounts offer the whole variety of services of standardized services, Which are offered within Euro zone. Let me mention only a couple of them that would be standardized payment facilities, Like UBS, SEPA, direct debits, standardized direct debits. We can also do payments in other currencies through partner banks. We have several partner banks around Europe, But our most important focus is on clients.