ISLAMABAD – HBL, the largest bank in Pakistan has entered into an agreementwith China International Capital Corporation Limited (CICC), the largestinvestment bank in China, to provide investment banking services tocompanies in Pakistan and China.
This partnership will provide world-class investment banking servicescovering mergers & acquisitions, advisory services, capital and bondissuance, loan syndications etc.
As the economic cooperation between Pakistan and China increases, HBL andCICC will play a leading role in the next phase of CPEC, in creatingpartnership between corporates, in turn attracting foreign directinvestment to Pakistan. CICC and HBL have access to heads of leadingcompanies, governments, regulators and other stakeholders which will ensureswift and seamless transaction execution.
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The agreement was signed by Mr. Muhammad Aurangzeb –President & CEO HBL andMr. Huang Zhaohui–Member of the Management Committee CICC, in the presenceof Mr. Sultan Ali Allana – ChairmanHBL, Mr. Bi Mingjian–ActingChairmanCICC, Mr. Farhan Talib – Head Corporate & Investment BankingHBL,Ms. Feng Danyun–Head of Business Support, Coordination & PublicRelations Department – CICC along with other members of both organizations.
