Northern Trust joins hands with Bohai Bank to create a new ecosystem of bank-trust cooperation to help Tianjin’s high-quality economic development

In order to thoroughly implement the spirit of the Central Financial Work Conference, give full play to the division of labor and coordination of local corporate financial institutions in Tianjin, and better serve and empower the development of Tianjin’s real economy, on December 11, Han Lixin, Secretary of the Party Committee and Chairman of Northern Trust, Deputy Secretary of the Party Committee, General Manager Huang He and his delegation visited Bohai Bank and communicated with Bohai Bank Party Committee Secretary and Chairman Wang Jinhong, Deputy Party Committee Secretary and President Qu Hongzhi, etc. The two sides held talks on deepening bank-trust cooperation and other topics. After the talks, Bohai Bank Tianjin Branch and Northern Trust held a launch ceremony for the “Trust Wealth Exclusive Card” jointly developed by both parties and signed a comprehensive strategic cooperation agreement.

At the symposium, the two parties had in-depth exchanges on business areas such as bank-trust cooperation, wealth management, asset custody, product sales, asset disposal and revitalization, family/family service trusts, and intellectual property service trusts, and reached a number of consensuses.

At the signing ceremony, the “Trust Wealth Exclusive Card” was officially released. The card came into being in the context of the long-term strategic cooperation between Bohai Bank and Northern Trust, and will provide multi-faceted support to strengthen the interconnection of resources between the two parties and provide customers with one-stop “bank + trust” services.

Wang Bing, President of Bohai Bank Tianjin Branch, and Huang He, General Manager of Northern Trust, signed the “Comprehensive Strategic Cooperation Agreement” on behalf of both parties. Bohai Bank Chairman Wang Jinhong and President Qu Hongzhi, Northern Trust Chairman Han Lixin and Chief Supervisor Zhang Hongwei jointly witnessed the event.

In the future, Northern Trust will continue to deepen its cooperative relationship with Bohai Bank, work together to demonstrate the responsibility of state-owned enterprises, join forces, divide labor and collaborate, create a new ecosystem of bank-trust cooperation, play a role in promoting investment and financing, and use synergy to promote the economic and social development of Tianjin Provide high-quality financial services.

Guo Dewei, general manager of the custody business department of Bohai Bank, Lin Jing, general manager of the personal finance department, wealth management and private banking department, Deng Bei, general manager of the capital operation center, Liu Bin, deputy general manager of the asset monitoring department and general manager of the asset protection department (concurrently), Bohai Bank Jin Tao, President of Bank Financial Management, Wang Bing, Party Secretary and President of Bohai Bank Tianjin Branch, Jiao Gongbo, Vice President, and heads of relevant departments and sub-branch presidents of Tianjin Branch; Zhang Hongwei, Deputy Secretary of the Party Committee and Chief Supervisor of Northern Trust, and Zhang Wendong, Deputy General Manager , Assistant General Manager Liu Defa and Deputy General Manager of the Fifth Financial Market Business Department Wang Weixuan and other personnel attended the talks and signing ceremony.

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