The FINANCIAL — The Black Sea Trade and Development Bank (BSTDB) and the Bank of China (BoC) signed a Memorandum of Understanding on May 3, 2016.
The purpose of the Memorandum is to facilitate the development of mutually beneficial cooperation between the two banks in the areas of common interest, including the exchange of know-how and good practices and exploring co-financing opportunities in infrastructure, transportation, energy and communications sectors, according to BSTDB.
As China’s most internationalised and diversified bank, Bank of China provides a comprehensive range of financial services to customers across the Chinese mainland as well as 41 countries and regions. The Bank’s core business is commercial banking, including corporate banking, personal banking and financial markets services.
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