The MOU will allow the benefits of Labuan IBFC to be shared
with CCB's extensive client network through its
15000 branches in China and globally.
Kuala Lumpur, 25 October 2019 – Labuan
International Business and Financial Centre Incorporated (Labuan
IBFC Inc), the market development agency for Labuan International
Business and Financial Centre (Labuan IBFC), and China Construction
Bank Corporation Labuan Branch (CCBL), a branch of China
Construction Bank Corporation, have inked a Memorandum of
Understanding (MoU) to allow CCBL to promote the benefits of Labuan
IBFC to Chinese and Chinese related companies, in addition to
supporting the advancement of FinTech development in the
jurisdiction.
