OREANDA-NEWS.  April 17, 2013. Bank of China has recently signed a memorandum of strategic cooperation with Airbus in France.

Under the memorandum, both sides will cement cooperation in business fields such as aircraft leasing, supply chain financing, loan, cash management and RMB business. Chen Siqing, vice executive president of BOC, and Fabrice Bregier, president of Airbus, affixed their signatures on behalf of respective sides.

BOC and Airbus have maintained a longstanding partnership, working intensively on aircraft leasing, factoring financing and RMB business. The memorandum marks a new stage for BOC-Airbus cooperation. BOC will continue giving full play to its advantages in internationalization and diversification to provide all-round financial services to global aviation industry.

Headquartered in Toulouse, France, Airbus is a leading aircraft maker.