Industry Focus

Taiping Petrochemical Financial Leasing Company Signed a Strategic Cooperation Agreement with Bank of China Zhejiang Branch

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2016-08-26 18:01

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Recently, Taiping Petrochemical Financial Leasing Co., Ltd. and Bank of China Limited Zhejiang Branch signed a strategic cooperation agreement in Hangzhou. Chen Jinkui, Chairman of Taiping Petrochemical Financial Leasing, Guo Xingang, President of Bank of China Zhejiang Branch, and Zhang Lixin, Vice President, attended the signing ceremony. Tong Xiangqian, Market Director of Taiping Petrochemical Financial Leasing, and Zhao Yongshun, Vice President of Bank of China Zhejiang Branch, respectively represented the two parties in signing the contract.
According to the agreement, Taiping Petrochemical Financial Leasing and Bank of China Zhejiang Branch will focus on promoting cooperation in leasing business and actively create favorable conditions for cooperation to meet the needs of both parties' business development and risk prevention and control, as well as customer needs; At the same time, both parties will also leverage their respective regional, license, and resource advantages to gradually engage in deep cooperation in project investment, asset trading, fund trading, and other fields, achieving complementary advantages and sharing benefits. In addition, both parties will actively explore cooperation in other innovative asset management business areas.
As the first financial leasing company in China initiated by a large state-owned financial and insurance group and a super large business group, Taiping Petrochemical Financial Leasing will rely on shareholder advantages and take this signing as an opportunity to accelerate the operation of various cooperation projects, ensure the early implementation of the projects, and strive to achieve leapfrog development of the company's business in Zhejiang.
Bank of China Limited Zhejiang Branch, as the first level branch of Bank of China's head office, has a total of 11 branches, 89 branches, 216 operational branches, and 306 branch offices under its jurisdiction.
Taiping Petrochemical Financial Leasing Co., Ltd. is a financial leasing company jointly established by China Taiping Insurance Group and China Petrochemical Group.