Treasury/Cash Management - All Articles

  • RMB clearing services launched in Sydney

    Bank of China Sydney (BoC Sydney) inaugurated RMB clearing services on February 9 after being appointed to the role in November 2014 by the People’s Bank of China (PBoC).

    • 09 Feb 2015
  • StanChart lends RMB to TEC client in cross-border first

    Standard Chartered has wrapped up the first cross-border loan from a foreign bank to a client based in the Tianjin Eco-City (TEC). Although small, the Rmb50m ($8m) financing for Tianjin Eco-City Keppel New Energy Development (TEC-Keppel) is nonetheless a landmark, originating from StanChart's Singapore branch.

    • 03 Feb 2015