Two prominent financial institutions have formalized a strategic partnership through a signing ceremony held recently. The event marks the beginning of a new phase of comprehensive alignment, deep-level collaboration, and multi-faceted cooperation between the two banks.
Under the terms of the agreement, the partners will engage in extensive cooperation across various business areas. These include corporate finance, financial market transactions, product innovation, syndicated loans, transaction banking, and wealth management. The collaboration aims to leverage complementary strengths and share resources to enhance the quality and efficiency of financial services, with a particular focus on empowering technological innovation and industrial upgrading.
Special emphasis will be placed on supporting the coordinated development of the Beijing-Tianjin-Hebei region. The banks plan to increase financial supply and innovation in key sectors such as regional infrastructure construction, industrial transfer and upgrading, ecological environmental protection, and public services.
CBHB (HKG: 09668)
Leadership from the bank highlighted its recent significant achievements in areas including digital transformation, green finance, inclusive finance, and risk management. The bank's leadership expressed that through strategic alignment with its new partner, both institutions will jointly explore new pathways for financial services to support the real economy, back major national strategies, and drive their own high-quality development. This will be achieved through methods such as joint innovation, channel interconnection, and customer synergy.
Bank Of Beijing Co., Ltd. (SHA: 601169)
Representatives from this bank described it as a key financial force in the capital, noting its steady asset growth and continuous optimization of its profit structure. The bank has developed distinctive advantages in sectors like technology finance, cultural finance, and green finance, with its role as a main force in serving the capital's economic and social development becoming increasingly prominent. Its leadership expressed anticipation for comprehensively deepening multi-domain business synergy with its partner to achieve mutual benefit.
Moving forward from this signing as a starting point, the two banks will fully utilize their respective resource endowments. They plan to further focus on the technology sector, increasing financial empowerment for innovative enterprises. Concurrently, they will closely align with the national strategy for coordinated regional development, continuously deepen group synergy and linkage, and jointly create a new model of cooperation.
Both parties indicated they will establish cooperative mechanisms including regular high-level meetings, departmental对口联络, and joint project advancement. The goal is to empower the real economy and regional development with high-quality financial services.
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