Banking in Brief
We follow bloggers who provide alternative, meaningful, serious and sometimes irreverent insights into the industry
Our archives on Rmb
Key drivers behind Chinese banks going international
Date: May 10, 2013Proceedings report from The Asian Banker’s dialogue on "Building the International Presence of Chinese Banks" on key factors affecting the competitiveness of Chinese banks in a global environment.
Categories: China, Customer Centricity, Innovation, Rmb, Technology & Operations, Trade Finance, Transaction Banking
Keywords: ICBC, Rmb Internationalisation, Bank of China, China Construction Bank, China Merchants Bank, Agricultural Bank of China, China Minsheng Bank
China’s QDII Program: Cross border investment flows and further improvements
Date: May 02, 2012The QDII program in China has enhanced the central bank’s regulation of investment flows, opening China’s capital markets to foreign investors. The program will continue to grow and help internationalise the Renminbi.
Author: Baron Laudermilk
Categories: Capital & Strategic Issues, China, Government Finance, Regulation, Risk and Regulation, Rmb, Capital Markets
Keywords: QDII, Risk Culture, Rmb internalisation, Cross Border Investments
Chinese importers and exporters allowed to settle foreign trade in Rmb
Date: Mar 09, 2012David Sear, chief operating officer of Western Union Business Solutions, feels that the move underlines the Chinese government’s increasingly flexible attitude towards the Rmb and is a significant step in the internationalization of the currency.
Author: Baron Laudermilk
Categories: Payments, Rmb, Trade Finance, Transaction Banking
Keywords: David Sear, Western Union, Rmb, People’s Bank of China
Fastest growing capital market is offshore renminbi
Date: Oct 04, 2011Gaetan Gosset, director of product management at Euroclear Bank in Hong Kong, feels that recent developments to speed up the establishment of the offshore Rmb market will boost its appeal to issuers.
Author: Gaetan Gosset
Categories: China, Exchanges, FX market, Hong Kong, Markets & Exchanges, Rmb
Keywords: Euroclear, Offshore Rmb, CSD, ICSD, Rmb Securities
The renminbi may be rising, but FX markets still need to stay international
Date: Aug 26, 2011Thio Chin Loo, senior currency analyst at BNP Paribas, feels that Hong Kong’s role as an international FX centre will be too dependent on China while Singapore offers a more global and sustainable infrastructure.
Author: Thio Chin Loo
Categories: Exchanges, FX market, Markets & Exchanges, Rmb, Singapore, Capital Markets, Performance Measurement
Keywords: BNP Paribas, Rmb, Tradable Currency, CNH, FX Derivatives, Foreign Exchange
Hong Kong gets mini QFII approval and other goodies
Date: Aug 23, 2011China has given Hong Kong the necessary tools to boost the territory’s capabilities as an offshore Rmb centre, but still shows concerns on capital inflow to the mainland.
Author: Timothy Shim
Categories: China, Exchanges, Hong Kong, Markets & Exchanges, Rmb
Keywords: Cross Border Trade Settlement, Foreign Direct Investments, mini QFII, Three Bridges, Rmb Deposits
Big banks dominate struggle for deposit market shares in the Asia Pacific region
Date: Aug 19, 2011Changes in deposit market share of 85 top tier banks across 13 markets is part of a comprehensive 34-page Asian Banker Research report (including 15 charts and diagrams and over 65 deposit product initiatives in Asia.
Categories: Deposits and Liabilities, Retail Banking
Keywords: Market share, Interest Margins, Loan Deposit Ratio, Rmb deposits, Onboarding, Deposit Analytics, CASA
Interview transcript: Patrick De Courcy, Head of Markets Asia-Pacific, SWIFT, June 1st 2011
Date: Jul 11, 2011Patrick De Courcy, head of markets Asia-Pacific for SWIFT, sees China and India as key areas for engagement, renminbi as a global issue, and discusses further potential cost reductions.
Categories: China, India, Payments, Remittance, Transaction Banking
Keywords: SWIFT, Rmb, Global standards
China's banks not globalising fast enough for key clients
Date: Dec 10, 2010At the recent "International Heads of Transaction Financial Services Dialogue, Beijing", organised by The Asian Banker, Chinese and global bankers met to discuss competition and cooperation in China's transaction banking industry.
Categories: Cash, Treasury & Trade, China, Rmb, Transaction Banking
Keywords: Sibos, Rmb Internasionalisation