Maybank said the collaboration will focus on enhancing cross-border business and advancing digital innovation.
PETALING JAYA: Malayan Banking Bhd
(Maybank) and the Bank of Hangzhou of China have tied up to enhance customer services and support cross-border business initiatives.
In a statement, Maybank said the collaboration will focus on enhancing cross-border business and advancing digital innovation.
“This partnership aims to facilitate services such as cross-border financing, interbank cooperation within China, and the clearing of South-East Asian currencies, while also connecting Chinese enterprises to a broader business ecosystem in the region.
“Additionally, both banks will explore opportunities in digital banking, including data governance, analytics and fintech product innovation, fostering joint product development, knowledge sharing, and talent development initiatives to enrich customer offerings in both markets.”
