IFC and StanChart sign RMB risk sharing agreement

Region:

Asia-Pacific

Mayur Pande

Analyst

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.

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