ICBC in first Singapore-FTZ RMB treasury funding
The Singaporean unit of ICBC has transferred Rmb200m ($32m) to its Shanghai Free Trade Zone (FTZ) branch, in what the bank said was the first example of an RMB treasury operation between the city-state and the FTZ.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts