1. Friday May 25, 2018
      Home > News > Economy
      Text:| Print|

      ICBC plans to create RMB business center in Luxembourg

      2013-05-29 08:53 Xinhua     Web Editor: qindexing comment

      The Industrial and Commercial Bank of China (ICBC) plans to create a RMB cross-border business center in Luxembourg to cover Europe, it said on Tuesday.

      The bank revealed the plan in a seminar attended by ICBC Chairman Jiang Jianqing and the Finance Minister of Luxembourg Luc Frieden.

      In an interview with Xinhua, Xu Zhi, head of Financial Markets Department of ICBC (Europe), said that last year, ICBC (Europe) made financing cross-border trade in RMB for a total of 10.8 billion yuan (1.7 billion U.S. dollars), and generated a combined total of 25.9 billion yuan in RMB cross-border transaction.

      Headquartered in Luxembourg, ICBC (Europe) operates a network which covers major European cities, including Paris, Amsterdam, Brussels, Milan, Madrid, Barcelona, Warsaw and Lisbon.

      During the first four months of this year, ICBC (Europe) was more dynamic in its RMB business, recording 17.5 billion yuan on the financing of cross-border trade and 16.4 billion yuan on cross-border transactions.

      In March 2013, ICBC (Europe) helped the French company Renault to issue bonds of 750 million yuan through ICBC (Asia) on the Hong Kong market.

      According to Li Yanni, director of the RMB cross-border business division at ICBC headquarters in Beijing, the Chinese commercial bank has 400 facilities in 39 countries and regions and better access to capital markets in 18 African countries as the single largest shareholder of South Africa's Standard Bank.

      Since the launch of RMB cross-border business in 2009, ICBC has actively promoted the implementation of the RMB in cross-border business operations. Its RMB compensation network now covers nearly 70 countries and regions, and RMB cross-border business has reached a total amount of 3,000 billion yuan.

      Jiang said he appreciated Luxembourg, which has 20 billion yuan of deposits in RMB, as one of the most important financial centers in Europe and in the world and an excellent platform for the development of RMB cross-border business.

      Frieden welcomed the development of RMB cross-border business of ICBC in Luxembourg and Europe and stressed the "common success" for ICBC and Luxembourg. (1 yuan = 0.16 U.S. dollar)

      Comments (0)

      Copyright ©1999-2011 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: a毛片成人免费全部播放| 黄页网址在线免费观看| 99久久人妻精品免费一区| 亚洲国产精品无码久久一区二区| 一级做α爱过程免费视频| 国产成人精品日本亚洲专区| 一级黄色毛片免费看| 国产亚洲自拍一区| 中国黄色免费网站| 亚洲欧洲国产日韩精品| 2021国内精品久久久久精免费| 亚洲成在人线电影天堂色| a毛片基地免费全部视频| 亚洲一区AV无码少妇电影| 色www永久免费视频| 黄色网址免费在线| 亚洲国产精品一区二区第一页| 少妇无码一区二区三区免费| 亚洲一级毛片在线观| 四虎www免费人成| 尤物视频在线免费观看| 久久国产亚洲电影天堂| 一本岛高清v不卡免费一三区| 在线aⅴ亚洲中文字幕| 免费国产精品视频| 香蕉免费一区二区三区| 亚洲人成电影青青在线播放| 国产又粗又猛又爽又黄的免费视频| 一个人看的免费高清视频日本| 亚洲国产成人一区二区精品区| www视频在线观看免费| 亚洲AV无码专区亚洲AV桃| 国内精品99亚洲免费高清| 真实国产乱子伦精品免费| 色婷婷亚洲一区二区三区| 亚洲s色大片在线观看| 69式国产真人免费视频 | 在线看无码的免费网站| 亚洲精品无码mⅴ在线观看 | 免费一区二区视频| 91免费国产精品|