, Taiwan

Chinatrust to join forces with China Development Bank

The Taiwanese bank also planned to forge ties with Bank of China.

Chinatrust Financial Holding Co. said Saturday it plans to sign a cooperation agreement with state-owned China Development Bank Corp.

Chinatrust didn't elaborate in a statement. China Development Bank wasn't immediately available for comment.

Chinatrust said Dec. 24 it planned to sign a cooperation pact with Bank of China Ltd, according to a report in The Wall Street Journal.

In June, China and Taiwan signed their first trade pact, called the Economic Cooperation Framework Agreement, which opened services, including banking, to cross-strait investment.

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!