HBL and the Bank of China (BOC) have solidified their commitment to enhance economic empowerment and regional connectivity by signing a Memorandum of Understanding (MoU) for Strategic Cooperation at the BOC headquarters in Beijing.
The signing ceremony, attended by key representatives from both institutions, included Liu Jin, Vice Chairman & President of Bank of China, Sultan Ali Allana, Chairman of HBL, and Muhammad Aurangzeb, President & CEO of HBL.
The collaborative effort between HBL and BOC aims to foster seamless trade opportunities across South Asia, the Middle East, Central Asia, and Africa. The strategic cooperation memorandum signifies the dedication of both institutions to drive economic growth and regional connectivity.
Beyond trade facilitation, the partnership extends into key areas such as Environmental, Social & Governance (ESG), technology, and training. This comprehensive approach reflects the shared vision of HBL and BOC to not only strengthen economic ties but also contribute to sustainable and responsible business practices.
Bank of China, a globally renowned bank with a presence in over 60 markets, is joining forces with HBL, which serves more than 15 global markets and has established dedicated China desks and branches in Beijing and Urumqi. This collaboration is poised to create synergies that benefit businesses and promote economic development across diverse regions.
