日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Companies

ICBC Luxembourg launches RMB clearing service for 15th anniversary

By Liu Jia in Luxembourg (chinadaily.com.cn) Updated: 2014-12-05 17:49

ICBC Luxembourg launches RMB clearing service for 15th anniversary

Jiang Jianqing, chairman of the Industrial and Commercial Bank of China delivered keynote speech at the launch ceremony [Photo/Liu Jia]

Industrial and Commercial Bank of China in Luxembourg celebrated it's 15 th anniversary by announcing new RMB clearing services on Thursday in Luxembourg.

The bank will now be able to operate as a clearing bank in the Grand Duchy, following the People's Bank of China (PBoC)'s designation announced in September.

In addition to Luxembourg, ICBC's Singapore branch was also added to the RMB clearing bank list. ICBC also operates RMB clearing banks in Doha and Toronto. Marked as the largest commercial bank by asset, ICBC is the first Chinese bank to conduct 24 hour non-stop cross-time-zone offshore RMB business across three Continents.

"The Branch (Luxembourg) will commit to providing safe, premium and efficient RMB clearing service to its customers," said Jiang Jianqing, chairman of ICBC at ceremony.

Through such clearing services, banks in Luxembourg and other regions are now able to implement RMB transactions via accounts opened in Luxembourg and benefit from ascending efficiency and facilities of the international usage of RMB.

ICBC chairman Jiang said the bank will constantly enrich and provide comprehensive and innovative RMB products. The move is seen as a further boost in EU-China cooperation and enhances the development of RMB business Jiang added.

In addition to the Luxembourg branch's anniversary, the Luxembourg Stock Exchange also signed a Memorandum of Understanding with ICBC to facilitate financial activities related to the internationalization of RMB.

Despite slightly falling behind its neighboring competitors, London, Frankfurt and Paris, all of which have launched of RMB clearing services offered by other Chinese banks, the Luxembourg market is believed to leverage the whole of Europe.

The latest statistics provided by ICBC shows that Luxembourg owns the largest pool of RMB in the Eurozone, with currently 79.4 billion yuan in deposits and 73.0 billion yuan in loans, 32.9 billion in RMB bond listings and over 261.8 billion RMB asset in mutual funds.

It is also the only country in Europe with RMB denominated mutual funds.

The financial hub is now also recognized as a gateway to Europe, with a soaring number of Chinese ODI flowing into the continent.

The city country promotes itself as a "home" for Chinese commercial banks by building its brand name in cross-border investment fund and bond in particular.

"We are very happy there will be six banks from China by the end of this year or the beginning of next year," said Pierre Gramegna, Luxembourg's Minister of Finance.

The other three Chinese banks (besides BOC, ICBC, and China Construction Bank) expected to set up shop in Luxembourg are Bank of Communications, Agricultural Bank of China, and China Merchants Bank. The former two banks have received operation licenses in October and November respectively, while the license for China Merchants Bank is still pending in Luxembourg Ministry of Finance at present.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 蜜臀久久精品 | 美女网站在线 | 半推半就一ⅹ99av | 亚洲精品aa | 国产天堂在线观看 | 成人片网址 | 中文字幕在线网站 | 素人天堂| 日韩在线视频观看免费 | 午夜一区二区三区在线观看 | 亚洲色图在线播放 | 蜜桃传媒一区二区亚洲 | 欧美一区二区免费在线观看 | 中文字幕在线视频一区 | 免费在线观看av网站 | 久久久久久久久99 | 亚洲男人av | 天堂中文资源在线观看 | 四虎4hu永久免费入口 | 99精品免费观看 | 久久久69| www中文字幕在线观看 | 91精品久久久久久久99蜜桃 | 亚洲视频一二区 | 污片免费在线观看 | av老女人 | 黄色在线观看国产 | 91精品久久香蕉国产线看观看 | 久久久国产精品一区二区三区 | 白嫩在线 | 免费久久视频 | 国产天堂网 | a毛片在线 | 韩国毛片网站 | 狠狠干狠狠干狠狠干 | 亚洲视频精品 | 踩踏天堂| 日韩黄视频 | 国产成年妇视频 | 欧美人成在线 | 超碰在线观看97 |