China's central bank is set to allow companies to sweep their renminbi in and out of the country as part of a new pilot programme, CT understands. The news coincides with more major developments for the currency.
HSBC tops the ratings for e-banking services provided in Asia-Pacific, based on East & Partners research. Citi, Standard Chartered, J.P. Morgan and DBS are the chasing pack.
Standard Chartered tops the ratings for services rendered in accounts and transaction facilities in Asia-Pacific, based on East & Partners research. Citi, UOB and Hang Seng Bank sit at the foot of the table.
J.P. Morgan has provided its clients with advice on how to get the green light from the People’s Bank of China (PBOC) to conduct a cross-border renminbi intercompany loan. Here is a précis of the guidance:
CT has established an interactive treasury webcast service. With access to exclusive, upcoming interactive events, treasurers can watch and listen in live or download the archive of webcasts at a convenient time.
Transaction banking research from East & Partners reveals the key reasons why companies shift bank and also who is presently owning the share of the primary banking pie in Asia.
The Corporate Treasurer is launching its ‘Cash Mandate Chronicle’, a submission-based deal table benchmarking innovative cash mandates in Asia-Pacific. We want YOUR submissions.
CT has established the first batch of 13 companies and six banks participating in China's groundbreaking cash management pilots designed to better funnel renminbi and foreign currencies across the border.