A strategic partnership between BayernLB and Standard Chartered Bank is set to benefit businesses and savings banks by giving them access to a comprehensive Asian network. Thanks to this collaboration, they now have over 800 branches available to them in 23 countries across Asia. This means that BayernLB can now sere German clients in many parts of the world.
“Businesses and savings banks will be able to manage all their export and import transactions in Asia efficiently through a single point of contact at BayernLB,” says Michael Bücker, board member in charge of corporate banking at BayernLB. Brücker thinks of his company as a Bavarian bank for an internationally minded German business sector. The collaboration with one of the world’s leading banking groups marks another step in this strategic direction.