Partnership between insurer and bank

By Feng Jianmin | 13:55 UTC+8 July 13, 2017 |

Online Edition

CHINA Pacific Insurance (Group) Co yesterday teamed up with Shanghai Pudong Development Bank in fields across personal finance to infrastructure construction, CPIC said in a statement.

The two companies seek to explore new ways of cooperation between large scale insurance company and bank, and will start comprehensive cooperation in insurance, personal and corporate financial services, construction of large infrastructure projects, and financial market operations, the statement said.

The two parties have agreed on sharing resources of customers and channels, innovating insurance and bank's wealth management products, managing corporate financing risks, funding on infrastructure projects, and delivering support to technology and innovative companies.

The deal was made after Gao Guofu, former chairman of CPIC, took over the chair of SPDB in May this year.

Kong Qingwei, former chairman of Guosheng Group, is now chairman of CPIC.

Business

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403号-1
|
互联网新闻信息服务许可证：31120180004
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

Partnership between insurer and bank

Email this to your friend