Memorandum of Understanding Between Doo Holding Group Limited, A Part Of The Doo Group, And Bison Bank

News | 27 May 2021 02:51/PM GMT

As of May 3, 2021, Doo Holding Group Limited, which is part of the Doo Group, and Bison Bank, S.A. (“Bison Bank”) came to an agreement and signed a Memorandum of Understanding (MoU) to promote the cooperation between both parties.

With this official signing of the Memorandum, both parties will enter into cooperation arrangements on wealth management services and financial products to international clients.

This collaboration is a step forward for Doo Group, as we strive to strengthen the influence of our business in various countries and regions, welcoming new opportunities under the accelerated development of global financial technology.

Under this Memorandum of Understanding, Doo Group and Bison Bank have agreed to cooperate in the following areas:

a) Provide international clients with banking services in Europe

b) Wealth Management Services – including advisory and discretionary/tailor made portfolio management

c) Investment in the financial products through Bison Bank with an online platform (APIs)

In the future, Doo Group and Bison Bank will hold meetings and conduct studies to evaluate the best cooperation methods. Working together in harmonious synergy, we aim to establish efficient and ground-breaking cooperation arrangements to provide customers with more professional and excellent investment services.

Doo Group has and will always be committed to breaking the barriers between investors and the financial market through innovative technology research and development. The Group incorporates diversified financial products to meet global customers changing needs and expectations.

With exceptional technological advantages, a vigorous business foundation, and extensive industry experience, Doo Group has established long-term cooperative relationships with more than 400 leading global financial institutions and liquidity providers.

Bison Bank is a fully licensed European bank headquartered in Lisbon, Portugal. Bison Bank, formerly known as Banif – Banco de Investimento (BBI) was established in 2000. The bank integrates a wide range of professional wealth management, depository and custody and investment banking services.

With Bison Bank’s business influence in Europe, Hong Kong, Mainland China and Africa, the bank aspires to seamlessly connect the European and Asian markets to their valued individual and institutional clients through a connected platform.

Bison Bank has served as the Joint Lead Manager for bond issuances like, Dongxing Securities Co., Ltd., Vanke Real Estate (Hong Kong) Co., Ltd., and Guohou Asset Management Co., Ltd, among others. Bison Bank is also a member of the Overseas RMB Cross-Border Payment System (CIPS), which provides Bison Bank a leading advantage in delivering financial institutions with cross-border RMB business clearing, and payment services.

About the Doo Group 

Established in 2014, Doo Group is headquartered in Singapore. After years of development, The Doo Group has become a large fintech-motivated financial service group, comprised of affiliates including Doo Clearing, Doo Financial, Doo Prime, and Doo Tech.     

The Doo Group is committed to serving individual and institutional customers around the world with creative trading brokerage services for equities, futures, CFDs (contract for differences), and other financial products.   

Currently, The Doo Group operates financial trading licenses in the United Kingdom, the United States, Mauritius, and Vanuatu, with operating centres in London, Dallas, Hong Kong, Singapore, Kuala Lumpur, and other places. 

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For enquiries and further information, please contact us:     

Hong Kong: +852 6701 2091      

Email: [email protected]