Public Bank, Bank Central Asia to collaborate
PETALING JAYA: Public Bank Bhd and PT Bank Central Asia, Tbk, Indonesia have entered into a non-exclusive memorandum of understanding on business collaboration.
The primary objective of the collaboration is to leverage upon the respective strengths expertise and networks of Public Bank and Bank Central Asia to enable the two banks and their respective affiliates to build deeper business relationships and promote appropriate banking products and services to their respective customers in Malaysia and Indonesia, particularly cross border banking transactions and services.
This includes cross border trade settlements, remittance clearance services and referrals and offshore banking services.
The business collaboration between Public Bank and Bank Central Asia will strengthen the banking services support to the existing and new customers of both banks, not just in Malaysia and Indonesia, but also in countries and locations where both banks have operations.
