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UOB to support China firms expanding in South-east Asia

Agreements will build on bank's existing efforts in facilitating Chinese business investment in region

Published Tue, Jun 20, 2017 · 09:50 PM

Singapore

UNITED Overseas Bank Ltd (UOB) has deepened its support of Chinese companies expanding through the Belt and Road initiative with two memoranda of understanding (MOUs), it announced on Tuesday.

The first MOU was signed with the Chinese Chamber of International Commerce (CCOIC), China's national business association, while the second was with the Qingjian Group, the largest construction conglomerate in the Shandong province.

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