TMCNet:  China CITIC Bank, Lenovo Group Team Up

[August 20, 2014]

China CITIC Bank, Lenovo Group Team Up

(Sinocast Computers & Electronics Beat (China) Via Acquire Media NewsEdge) BEIJING, August 20, SinoCast -- China CITIC Bank Corporation Limited (CNCB; SEHK: 0998 and SHSE: 601998) and Lenovo Group Limited (SEHK: 0992) have inked cooperative agreement in Beijing. The lender will offer the latter financial service including supply chain finance, cash management and online banking while the latter will offer IT service as well as software and hardware products to the lender.

Both sides will also set up smart outlet labs, adopting man-machine interactive equipment and information products developed by Lenovo Group in outlet expansion and customized financial service of China CITIC Bank.

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