, Hong Kong
173 views
Photo courtesy of Standard Chartered Bank.

StanChart HK inks MOU to promote business, dev’t between HK and Dubai

This include promoting the growth of family offices, fintechs, and virtual asset industries.

Standard Chartered Bank Hong Kong has inked a memorandum of understanding (MOU) with the Dubai Department of Economy and Tourism (DET) to jointly promote business growth and development opportunities between Hong Kong and Dubai.

The agreement aims to deepen SCBHK and DET’s cooperation on a range of strategic areas. These include promoting the growth of capital market activities, family offices, asset management, fintech, and virtual asset industries; and developing innovative sustainable and green financing solutions.

ALSO READ: Standard Chartered launches sustainable trade loan

SCBHK and DET will also develop innovative solutions to support trade and commodity financing for imports, exports, and re-exports; and promote incubation and development of start-ups and new technology-based service providers that develop cutting edge technology-based solutions for banking, financial, investment, and capital market transactions.

SCBHK and DET will also set up a joint working group to discuss how to achieve these objectives, the two said in a joint statement.

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!