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BOC sets up strategic tie with 皇冠体育app Life

(Shanghai Daily)
Updated: 2007-06-28 13:48

Bank of 皇冠体育app will set up a strategic cooperation relationship with 皇冠体育app Life Insurance Group as the two pledged more collaboration in a deal signed in Beijing today.

The deal will include bank assurance, financing, electronic business affairs, bonds issuing, bank cards and asset custody, according to the deal signed between BOC and four units under the 皇冠体育app Life Insurance Group, Xinhua news agency reported.

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The four units are People's Insurance Company of 皇冠体育app, 皇冠体育app Life Insurance Asset Management Co, 皇冠体育app Life Insurance Co and PICC Health Insurance Co.

BOC is expected to have more cooperation with the biggest Chinese insurance group to offer services for the Beijing 2008 Olympics in the future, said Xiao Gang, the board chairman of the second biggest bank in 皇冠体育app.

BOC and 皇冠体育app Life Insurance Group are the only partners of the Beijing 2008 Olympics in banking and insurance fields.