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01398 ICBC
RTNominal down5.520 -0.030 (-0.541%)

16/12/2019 17:56

ICBC, Alibaba (09988) and Ant Financial in strategic tie-up

[ET Net News Agency, 16 December 2019] Industrial and Commercial Bank of China
(ICBC)(01398), Alibaba Group (09988), and Ant Financial Services Group today entered a
comprehensive strategic partnership to enhance the services available to users by
deepening their level of cooperation in the key areas of fintech and financial services.
Under the partnership agreement, the parties will work together more closely, improving
the quality of fintech offerings by using smart technologies and product innovation. To
take financial services forward, the partners will use their collective experience and
expertise to focus on areas that include electronic payment settlement, cross-border
finance, and scenario-based financial services. (KL)

Remark: Real time quote last updated: 21/02/2020 17:59
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