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Bank of China, Hua Xia Ink Overall Cooperation
To boost inter-bank business exchanges and cooperation, Bank of China and Hua Xia Bank inked a cooperative agreement in Beijing on March 25.
Under the agreement, the two will conduct overall cooperation in the fields of information sharing, fund-raising, retail business, company deals, trade settlement, capital remitting and clearing and staff training.
With a history of over 88 years behind it, the Bank of China has established itself as a major international bank with an extensive overseas presence and undisputed reputation as a first-class provider of financial services both in China and abroad. Bank of China has made considerable progress in all business areas, it has set up a new business mode by providing all-round services under market rule.
Hua Xia Bank will play through developing inter-bank cooperation a more and more important role in facilitating China's commercial banks reform by learning successful experience from Bank of China in management, business operation, bank innovation and human resources exploitation.
By PD Online staff member Li Yan
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