Agricultural Development Bank and Bank of China Sign Comprehensive Cooperation Agreement

Deep News
Sep 23

On September 22, the Agricultural Development Bank of China (ADBC) and Bank of China Limited signed a comprehensive cooperation agreement in Beijing. ADBC Chairman Zhan Dongsheng, President Zhang Xiaodong, and Vice President Wu Tao, along with Bank of China Chairman Ge Haitao, President Zhang Hui, and Party Committee Member Liu Chengang, witnessed the signing and held discussions. ADBC Strategic Director Du Yankun and Bank of China Risk Director Zhao Rong signed the agreement on behalf of their respective institutions.

Under the agreement, both parties will build upon their previous successful collaboration to deepen cooperation in syndicated lending, financial markets, international business, and payment settlement services. The partnership aims to leverage the complementary advantages of policy-oriented finance and commercial finance to provide high-quality services supporting national strategies and agricultural development, contributing to the building of a strong financial sector and agricultural powerhouse.

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