- Strategic partnership formed between Nanyang Commercial Bank (NCB) and Fosun International (HKEX: 00656).
- Agreement strengthens 15-year cooperation, enhancing financial collaboration and global operations.
- Focus on developing products and services leveraging complementary strengths and mutual benefits.
On April 24, 2025, Nanyang Commercial Bank (NCB) and Fosun International (HKEX: 00656) cemented their collaborative relationship by signing a strategic cooperation agreement at NCB's headquarters in Hong Kong. This milestone marks the continuation and deepening of their 15-year partnership, which began in 2010.
The agreement aims to enhance financial collaboration, with NCB set to provide comprehensive banking services to support Fosun's growth initiatives. NCB will leverage its expertise in cross-border operations, integrating these capabilities with Fosun's extensive global presence in over 35 countries.
The partnership will center on the development of innovative products and services, capitalizing on the complementary advantages and mutual benefits of both organizations. This commitment to collaboration is expected to foster deeper integration and support Fosun's future strategic development.
Key executives, including Sun Jiandong, Executive Director and Acting Chief Executive of NCB, and Wang Qunbin, Executive Director and Co-Chairman of Fosun International, were present at the signing ceremony. Both parties expressed optimism about the enhanced cooperation and its potential impact on their business operations globally.
Established in Hong Kong in 1949, NCB has consistently adhered to high-quality development principles, providing professional banking services through diversified channels. Fosun International, rooted in China, continues to leverage globalization and innovation as primary growth drivers, with a current business presence in more than 35 countries.
