The agreement was signed on Hainan Island during the recent Boao Forum for Asia, a major economic and financial conference where MBSZ was the only participant invited from the European Union, the Hungarian association said.
The forum paved the way for establishing the Asian Financial Cooperation Association (AFCA), a prospective partner for MBSZ in strengthening inter-bank links and exchanging financial information and research results, according to MBSZ.
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