Asian-Pacific Bank and Hunchun Rural Сommercial Bank have an excellent basis for cooperation, and develop Russian-Chinese financial cooperation with a high responsibility.
Banks have signed a number of bilateral cooperation agreements, including purchase and sale of cash between two organizations.
The reached agreements will significantly expand the opportunities of APB to offer favorable exchange rates for customers. In addition, a number of agreements are under discussion, in particular, correspondent accounts opening, cooperation in financial markets FX/MM operations.
“It is an important partnership, both for us and for our Chinese colleagues. Further development and strengthening relationships with Asian partners are strategic priorities for the Bank. This primarily connected with the strong position of Asian-Pacific Bank in Siberia and the Far East. We actively support key business areas which concern development of the Far Eastern regions. I am sure that agreements reached with Hunchun Rural Сommercial Bank are the beginning of long and productive cooperation” – commented Sergey Avramov, the Head of provisional administration.