BOC steps up moves across Taiwan Straits

Lender looks forward to growing and deeper financial cooperation, signs agreements

Bank of China Ltd, the nation's fourth largest lender by assets, is stepping up its exploration of ways to strengthen financial cooperation across the Taiwan Straits by making use of the favorable policies of the China (Fujian) Pilot Free Trade Zone.

The BOC Fujian branch has signed cooperation agreements with three Taiwan banks that have their own branch in Fuzhou, capital of Fujian province, right before the Fujian FTZ was established for a year.