Standard Chartered Bank Hong Kong has received regulatory approval for entry into China’s interbank bond market. It is among the first banks to gain access into China’s onshore bond market. The deal will deepen the bank’s renminbi holdings in Hong Kong and will encourage cross-border renminbi trade settlement. Elsewhere, Standard Charted Bank has expanded its SME banking offering for customers…
StanChart enters PRC interbank bond market, expands SME offering
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