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Japan's Mizuho Bank, Itaú CorpBanca Colombia sign cooperation MOU

Japan-based Mizuho Bank Ltd. and Itaú CorpBanca Colombia SA entered into a memorandum of understanding for business cooperation.

The agreement is intended to offer enhanced services, including providing local economic information, to companies looking to enter or expand in Colombia, according to a March 1 release. The two lenders will provide a range of financial services including trade finance, lease finance and project finance.

Mizuho Bank is a unit of Mizuho Financial Group Inc.