- Bank of Hangzhou and Maybank signed an MoU to support Chinese enterprises expanding into Southeast Asia.
- The partnership will focus on enhancing cross-border business and promoting digital innovation.
- Key services include cross-border financing, Southeast Asian currency clearing, and interbank cooperation.
- Both banks will explore digital banking opportunities, including AI, data governance, fintech innovation, and talent development.
- The collaboration aims to facilitate cross-market offerings and promote knowledge sharing between the two institutions.
- Maybank seeks to leverage its extensive ASEAN footprint to offer comprehensive financial services to Chinese enterprises expanding into the region.
