UOB, Hengfeng Bank, and UOBAM Forge Strategic Partnership to Boost Financial Innovation in the Yangtze River Delta
UOB China, Hengfeng Bank, and UOB Asset Management (UOBAM) have signed a significant tripartite strategic cooperation agreement at the Suzhou Tech-Finance International Cooperation Development Conference and the 3rd Yangtze River Delta Digital Finance International Innovation Week. This marks a milestone in financial collaboration aimed at driving innovation in the Yangtze River Delta region.
Advancing Tech-Finance Integration in the Region
With the theme “Join Forces for a Shared Future,” the conference brought together domestic and international financial institutions, technology enterprises, and industry leaders to explore the integration of digital finance and technological innovation. Organized with support from the National Financial Regulatory Administration, the Suzhou Municipal Government, and the Monetary Authority of Singapore, the event serves as a high-level platform for collaboration.
Representing their respective organizations, Mr. Kelvin Ong, Chief Technology Officer of UOB China; Mr. Yang Libin, Chief Financial Officer of Hengfeng Bank; and Mr. Liu Wei, Chairman of UOBAM, signed the agreement. The partnership focuses on leveraging each party's strengths to provide seamless financial services for domestic and international enterprises in Suzhou and the Yangtze River Delta. It will also deliver one-stop solutions to support the cross-border investment and development of tech-finance enterprises.
Strengthening Suzhou's Connectivity with ASEAN
Since the establishment of UOB China's Suzhou Branch in 2015, the bank has been committed to delivering localized and cross-border financial solutions to support businesses in Suzhou. The branch has played a pivotal role in enhancing trade and economic ties between Suzhou and ASEAN countries.
This new partnership builds on that foundation, aligning with efforts to position Suzhou as a hub for international cooperation in tech-finance and setting a benchmark for digital financial innovation in the Yangtze River Delta. The collaboration underscores the shared vision of fostering regional economic growth and unlocking greater potential for businesses in the area.
First, please LoginComment After ~