BNP Paribas signs cash agreement with Orient Commercial Bank

BNP Paribas adds another Vietnamese bank to its cash management distribution network.

The Ho Chi Minh City branch of BNP Paribas has signed a cash management service agreement with Vietnam’s Orient Commercial Bank OCB. OCB is the second Vietnamese bank to announce its partnership with BNP Paribas this year, the first being Sacombank which signed a cash management service agreement with the French bank in mid-March this year.

Under the service agreement, BNP will be able to offer cash management services to its local and multinational corporation MNC clients through OCB’s branch network in the country.

“This is a new step in a strategic partnership with OCB which will allow us to expand our cash management offerings...

¬ Haymarket Media Limited. All rights reserved.

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