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Industrial Bank, Bank of Tianjin sign cooperation agreement

Industrial Bank Co. Ltd. and Bank of Tianjin Co. Ltd. signed an agreement to work together in the areas of asset management and internet banking, among others.

Industrial Bank will look to tap Bank of Tianjin's local branch network and resources to build up and deepen its regional operations, while the Tianjin-based bank will lean on Industrial Bank's technological know-how and nationwide network, according to a June 6 statement.