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OCBC inks deal with Bank of Shanghai to capture Belt and Road opportunities

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Published Mon, Apr 2, 2018 · 09:50 PM

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Singapore

OCBC Bank is partnering Bank of Shanghai to help companies expand across countries covered by China's Belt and Road Initiative - which calls for massive development of infrastructure along key trade routes.

The two banks signed a Memorandum of Understanding (MOU) on Monday - a move which OCBC believes will strengthen its position as a key partner for Chinese enterprises expanding in the region.

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