In-depth

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Perspective
06 September 2013

HSBC conducts RMB cross-border first

Region:
Asia-Pacific
HSBC has become the first foreign bank in mainland China to successfully complete a two-way cross-border RMB lending transaction under a new pilot programme in Kunshan. The transaction was completed for Kunshan President Enterprises Food Company (Kunshan President), a subsidiary of Uni-President Group.

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