OREANDA-NEWS. Aozora Bank, Ltd. ('Aozora' or 'the Bank') announced the conclusion of a memorandum of understanding (MOU) for a comprehensive business alliance with CTBC Financial Holding Co., Ltd. ('CTBC'), aimed at strengthening business cooperation in the Asian region, mainly in Japan and Taiwan.

In November 2013, Aozora announced 'Aozora Bank's Asian Business Strategy', and as part of this strategy the Bank has announced alliances with Singapore's Oversea-Chinese Banking Corporation (OCBC), Indonesia's PT Bank Central Asia TBK, and Thailand's KASIKORNBANK PUBLIC COMPANY LIMITED. The MOU with CTBC represents Aozora's fourth business tie-up with a leading bank in Asia.

In accordance with our Asian Business Strategy, the Bank is committed to providing customers with information obtained through our transactions with local companies in Asia. Through our alliance with CTBC, one of the largest financial groups in Taiwan with an extensive network not only in Taiwan but also in Mainland China and the rest of Asia, Aozora aims to further strengthen the Bank's position as a trusted 'Primary Secondary Bank: An Even Morе Reliable Partner' for its customers by building upon our different iated and specialized financial services.