IFC and StanChart sign RMB risk sharing agreement
The IFC and Standard Chartered Bank (StanChart) have signed a unique risk sharing facility, which will increase the amount of renminbi (RMB) denominated trade finance available to Chinese banks, as well as corporates and businesses in China and across Asia and other emerging markets involved in imports and exports to China.
Hello stranger, fancy seeing you here…
Unfortunately you’ve stumbled across our paid-for content but that’s not a problem, join the TXF Essentials community today for unrestricted access to:
- Daily news and analysis from our TXF experts
- Access to TXF data dashboards and Smart Search
- Market reports and bi-annual long reads
- And much much more…