AIBankingBusiness

Bank of Hangzhou partners Malaysia’s Maybank to support cross-border businesses in China

  • 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.
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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