OCBC Partners With ZGC International to Target Chinese Tech in Asean
OCBC is partnering with Beijing state-owned ZGC International to win banking business from Chinese technology companies expanding into Asean. Signed in Singapore, the deal gives OCBC direct access to ZGC’s network of more than 14,000 tech firms and targets companies in areas including AI, life sciences, software services and advanced manufacturing. The bank cites a 50% year-on-year rise in new Chinese firms it helped establish in Asean in 2025, and notes matchmaking engagement with ZGC in June.