PSBC, Evergrande Sign Strategic Collaboration Agreement


The signing ceremony of a strategic collaboration agreement between the Postal Savings Bank of China (PSBC) and the Evergrande Group was held in Beijing on February 3.

According to the agreement, the two sides will collaborate in the future on the development of a cash management platform and on the settlement of both domestic trade and overseas business, based on the two parties’ previous collaboration on credit financing, commercial billing and supply chain financing.

In addition, the two sides have agreed on strengthening their collaboration by taking advantage of their respective resources.


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