Taiwan banks sign cooperation pacts with BoC
BEIJING: Two Taiwanese banks have signed comprehensive cooperation agreements with the Bank of China. This is the first time a Chinese bank has signed such agreements with its Taiwanese counterparts.
In Beijing on Friday, the Bank of China signed cooperation agreements with the Bank of Taiwan and the First Commercial Bank. Under the agreements, three banks will work together in treasury business, trade financing, syndicated lending, loan services for small and medium enterprises, and personnel training. -PB News