Standard Chartered announced that it has signed Memorandums of Understanding (MOUs) with Development Bank of Kazakhstan Joint Stock Company (DBK) and Hangzhou CIEC Group Co. Limited (Hangzhou CIEC) in Kazakhstan. The agreements aim to strengthen collaboration between the Bank and its partners, leveraging the Hong Kong-Kazakhstan corridor to connect capital and support financing and treasury needs underpinned by the Bank’s RMB capabilities, to unlock cross border opportunities.
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