UOB has established a tripartite partnership with China’s Hangfeng Bank and Shangao Holdings Group to enhance cooperation in green development and infrastructure projects.
Signed during the 2025 Singapore-Shandong week, the agreement focuses on providing comprehensive financial solutions—including cross-border trade financing, investment banking, and advisory services—to support Chinese enterprises as they expand overseas, especially those involved in green transformation and the Belt and Road Initiative.
This collaboration strategically combines UOB’s regional network with Hangfeng Bank’s cross-border banking expertise (based in Shandong province) and Shangao Holdings’ investment focus on new energy and infrastructure.
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