BoC to co­op­er­ate with Tai­wanese banks

The Pak Banker - - Front Page -

BEI­JING: Bank of China (BoC) won ap­proval from the reg­u­la­tors in Tai­wan for its plans to co­op­er­ate with four Tai­wanese banks, in­clud­ing Tai­wan Co­op­er­a­tive Bank, cit­ing Zhao Rong, spokesper­son of Bank of China.The two par­ties will co­op­er­ate on ar­eas such as for­eign ex­change, trade fi­nanc­ing, syndi­cated loans, in­ter-bank lend­ing and the fi­nanc­ing of small and medium-sized en­ter­prises. China's bank­ing reg­u­la­tor said it ap­proved the Chi­nese branches of five Tai­wan banks to be­gin op­er­a­tions in China. - PB News

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.