A bank is strengthening its presence in Central Asia and establishing a settlement system in China to advance cross-border e-commerce.
2 reports, 2 independent
Updated Sep 4
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What happened
A bank is strengthening its presence in Central Asia and establishing a settlement system in China to advance cross-border e-commerce.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- UnionPay and Bank of China cooperate on cross-border card transaction settlement.Sub-event
- The IBI Digital Economy Hub has opened in Almaty, utilizing the potential industrial park location in Karaganda, linking Kazakhstan and China.Sub-event
- EU institutions, including the EIB and EBRD, signed a framework loan agreement and strategic partnership with Kazakhstan to fund development projects.Sub-event
The bank is expanding its operations and settlement capabilities across Central Asia and China.1 source
Keep exploring
The entities involved
- Bank
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Kazakhstan
sovereign state in Eastern Europe and Central Asia
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China
cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China
Related events
- BRICS nations are accelerating efforts to bypass SWIFT using national currencies and common payment systems to increase influence.
- Hong Kong is expanding its economic and strategic engagement with Central Asia, focusing on Kazakhstan through investment and trade deals.
- Kazakhstan ratified a partnership agreement with the Asian Infrastructure Investment Bank (AIIB).
- Chinese businesses are seeking investment in Kazakhstan as cooperation between the two nations expands.
- Kazakhstan is planning the integration of its national QR payment system with China.
Coverage
Newest first; wire copies grouped- ACCESS NewswireFreedom Bank and UnionPay Business Forge Partnership to Advance Kazakhstan-China Cross-Border E-Commerce NEW YORK CITY, NEW YORK / ACCESS Newswire / September 3, 2025 / Freedom Bank, part of Freedom
- etf.comFreedom Holding Corp. reports 17% revenue growth in Q1 FY2026 driven by strong insurance and banking segments New York, United States, August 9th, 2025, FinanceWire Freedom Holding Corp. (Nasdaq: FR