China, ROK banks to facilitate currency exchange
Updated: 2012-02-03 10:17
(Xinhua)
|
|||||||||||
BEIJING - Woori Bank of the Republic of Korea (ROK) and Bank of China signed a memorandum Thursday in Beijing regarding cooperation in currency exchange, marketing and overseas computer networks.
According to the memorandum, the two banks will come up with ways to allow their customers to withdraw Korean won from ATMs in China and Chinese RMB from ATMs in the ROK.
Woori Bank, a leading bank in the ROK, entered China in 1995. It established its first Chinese subsidiary in Beijing in 2007.
Related Stories
Nurturing China-ROK ties 2012-01-09 07:59
For China and ROK, two is company 2009-07-02 07:47
ROK to increase presence in China 2004-05-20 08:47
China, ROK to strengthen ties 2001-05-28 22:39
- China's Jan non-manufacturing PMI drops to 52.9%
- CSRC to open securities to pension funds
- New iPhone sales begin on mainland with website
- Chinese bailout funding for Europe possible
- Travelers get urge to splurge
- New rules to restrict foreigners' ownership of homes
- Facebook IPO likely to boost China's SNS
- Slowdown but no hard landing in '12
