OREANDA-NEWS. July 04, 2011. Mr. Xiang Junbo, Chairman of Agricultural Bank of China Limited (ABC), and Mr. McKinney Tsai, Chairman of Mega International Commercial Bank, signed a memorandum of understanding (MOU) for cooperation on behalf of their respective banks, reported the press-centre of ABC.

Within the MOU framework, the two sides will enter into comprehensive cooperation in corporate banking, investment banking, treasury operations, trade finance, risk management, information exchange and personnel training.

This agreement helps to promote trade relations and financial cooperation across the Taiwan Strait, enhance ABC financial services to Taiwan customers and further tap into the Taiwan market.