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European Investor 25 Mar 2026, 15:17
DBS and Bank of China expand partnership to boost regional financial innovation

March 25, 2026 — DBS Group and Bank of China (BOC) announced an expanded strategic partnership aimed at accelerating financial innovation and strengthening cross-border trade and investment flows across Asia.

The agreement, signed during the China Development Forum in Beijing, focuses on key areas including fintech innovation, cross-border RMB solutions, regional connectivity, sustainable finance, and third-party market expansion. Both banks plan to leverage their complementary strengths to support Chinese enterprises expanding overseas and facilitate global investments into China.

The collaboration will deepen joint operations across major regional markets such as Singapore, Indonesia, and Vietnam, while also enhancing capabilities in trade finance, bond markets, and digital RMB initiatives.

Executives from both institutions emphasized that the partnership builds on a longstanding relationship and reflects a shared commitment to driving regional economic integration, innovation, and sustainable growth.

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