From March 13 to 14, Tan Xuguang led the teams from Shandong Heavy Industry and Weichai Power on visits to DBS Bank and UOB Bank in Singapore to engage in in-depth discussions regarding financial cooperation for the group's Southeast Asia business.
On the afternoon of March 13th, Tan Xuguang visited DBS Bank in Singapore
During his exchange with Chua Wee Yong, CEO and Director of DBS Bank, Tan Xuguang remarked that Shandong is advancing high-quality investment attraction and is creating the best ecosystem for investors. He expressed his hope that DBS Bank would establish a branch in Jinan and assured them of Shandong Heavy Industry's full cooperation.
On March 14, Tan Xuguang visited UOB Bank in Singapore
While conversing with Hsu Chou Te, Deputy Chairman and Group CEO of UOB Bank, Tan Xuguang noted that Shandong Province has a large economic scale, numerous state-owned enterprises, and a high level of industry development. He hoped that UOB Bank would set up a branch in Shandong, offering their full support.
Tan Xuguang stated that Shandong Heavy Industry has an export business revenue of 5 billion USD in Southeast Asia and requires efficient cooperation with major banks in Singapore to achieve mutual benefits.
DBS Bank is the largest commercial bank in Singapore, and UOB Bank has a long history. Both banks have extensive operations in Southeast Asia's financial services and hold significant influence in the region.