KUALA LUMPUR, Dec 18 (Bernama) — Asia Pacific Investment Bank (APIB) has officially signed a Strategic Co-operation Framework Agreement with Chongwa (Macao) Financial Asset Exchange Co., Ltd. (MOX) recently.
Asia Pacific Investment Bank is an offshore investment bank established by China Zijin Investment Group Co., Ltd. and was approved by Malaysia’s Labuan Financial Services Authority (Labuan FSA). MOX is founded by Namkwong (Group) Co., Ltd, the only Macao-based and state-owned enterprise directly under the State Council’s SASAC, which is audited by Macao Monetary Authority. MOX is the first financial institution in Macao to provide services such as bond issuance, listing, registration, custody, trading and settlement. MOX has to date issued bond products such as listed government bonds, corporate bonds, climate bonds, anti-COVID-19 bonds and has achieved a breakthrough of over MOP 100 billion.