In exclusive partnership with East & Partners Asia, CT earmarks what treasurers care about in a trade bank. Clearly most prefer to use electronic-based trade documentation where possible.
With the help of ANZ bank, China’s largest cereal processor and trader has undertaken a bank payment obligation. It also marks the first deal of its type involving an Australian bank.
The Hong Kong Monetary Authority (HKMA) and the Treasury Markets Association (TMA) both announced plans that could further open up the marketplace for offshore renminbi in Hong Kong.