Page last updated at 15:26 GMT, Tuesday, 26 January 2010

Promoting finance industry abroad 'will create jobs'

Hong Kong skyline
Jersey Finance regards Hong Kong as a key global finance location

New offices in Asia that were set up to advertise Jersey as an offshore finance centre could lead to extra jobs in the island, a government body has said.

Jersey Finance, set up by the States to promote the island's financial services, recently opened offices in Hong Kong and China.

The organisation's chief executive said he expected extra employment to emerge thanks to the links with Asia.

Geoff Cook wants existing businesses to open branches in Jersey.

Mr Cook said: "We've been working hard not just encouraging people to bring their business here, but to actually bring physical businesses, which will bring job creation with them."

He told BBC Jersey a number of such businesses were "in the pipeline", but due to "commercial sensitivity" he was unable to name them.

Jersey companies have recently been allowed to list on Hong Kong's stock exchange.

Print Sponsor

Finance team makes exchange bid
18 Jan 10 |  Jersey
Finance industry promoted in Asia
22 Oct 09 |  Jersey
Tax-sharing deals 'are worthless'
13 Oct 09 |  Jersey
Procedures praised in IMF report
15 Sep 09 |  Jersey
Finance business helping economy
18 Feb 09 |  Jersey
Finance industry promoting island
08 Jan 07 |  Jersey

The BBC is not responsible for the content of external internet sites

Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit


Americas Africa Europe Middle East South Asia Asia Pacific