On June 20, 2013 ASIA ALLIANCE BANK and Union Bank of Switzerland (UBS AG) are entered to the agreement about mutually beneficial collaboration on trade finance area.

Headquartered in Zurich and Basel, Switzerland, and with nearly 150 years of experience UBS is a client-focused financial services firm that offers a combination of wealth management, asset management and investment banking services on a global and regional basis.

UBS AG is the second largest bank in Europe by capitalization and one of the largest wealth managers in the world. Bank serves privet, institutional and corporate customers in more than 50 countries through 300 branches, including all major financial centers, and employs approximately 62,000 people worldwide.