Taiwan banks' Mainland branches to get extra RMB help
Bank of China (BoC) Taiwan Branch, the official renminbi clearing bank for Taiwan, has been approved to participate in China’s interbank lending market and has agreed to help Taiwan banks’ mainland China branches and subsidiaries with interbank RMB funding, the central bank of Taiwan said this week.
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