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Survey
Renminbi payment growth shakes off Q4 shivers
Date: Jan 20, 2012
Author:
Peter Hoflich
Categories:
China
,
Hong Kong
,
Rmb
,
Trade Finance
,
Transaction Banking
Keywords:
SWIFT
,
Wim Raymaekers
,
Richard Brown
,
Fred DiCocco
,
BNY Mellon Treasury Services
,
Maria Mandler
,
BAML
Data gathered by Asian Banker Research on renminbi use shows that trade settlements have wavered and deposit growth has dipped, while SWIFT data shows that payments have recovered after a two-month slump.
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