HBL, Bank of China sign landmark MoU on strategic cooperation

MG News | November 15, 2023 at 04:48 PM GMT+05:00

0:00

November 15, 2023 (MLN): In a landmark development, Habib Bank Limited (PSX: HBL) and the Bank of China (BOC) signed a Memorandum of Understanding (MoU) on strategic cooperation this morning in Beijing, as revealed in a press release issued by HBL today.

This MoU covers linkages in areas relating to trade, investment, sustainability, agriculture technology, and capacity building.

The signing of the strategic cooperation memorandum signifies HBL and BOC’s commitment to drive economic empowerment and regional connectivity.

The cooperation between HBL and BOC will facilitate seamless trade opportunities, benefiting businesses in South Asia, the Middle East, Central Asia, and Africa.

Both organizations will also work to deepen strategic cooperation in the areas of Environmental, Social & Governance (ESG), technology, and training.

Bank of China is a premier bank in China with a presence in over 60 markets around the world while HBL serves over 15 global markets with dedicated China desks and branches in Beijing and Urumqi.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	154,900.05 90.54M	0.30% 460.36
ALLSHR	94,912.59 359.46M	0.26% 244.43
KSE30	47,284.14 45.78M	0.35% 164.24
KMI30	226,133.45 50.21M	0.00% 7.73
KMIALLSHR	63,624.56 160.39M	0.09% 55.50
BKTi	41,830.76 16.18M	0.50% 207.93
OGTi	31,544.99 4.59M	0.18% 56.20

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	116,615.00	117,240.00 115,160.00	-650.00 -0.55%
BRENT CRUDE	67.25	67.52 66.78	0.26 0.39%
RICHARDS BAY COAL MONTHLY	84.00	84.00 84.00	-1.90 -2.21%
ROTTERDAM COAL MONTHLY	93.00	93.25 92.75	0.00 0.00%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	62.96	63.24 62.52	0.27 0.43%
SUGAR #11 WORLD	15.81	15.87 15.67	-0.01 -0.06%