国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Markets

Agricultural Bank applies for license in Britain

(Xinhua) Updated: 2014-03-11 15:26

Agricultural Bank applies for license in Britain

Outside view of a branch of Agricultural Bank of China in Nantong, east Chinas Jiangsu province, Oct 7, 2013. [Photo/dfic.cn]

LONDON - The Agricultural Bank of China is applying for a branch banking license in Britain, said a bank official Monday.

"Europe is one of the vital markets of the bank's global strategy," Guo Youda, the bank's executive vice president in London, told a forum.

Agricultural Bank applies for license in Britain

Pleasant Internet and Big Big Banks 

Through its subsidiary in London, the bank rolled out "zero time difference" cross-border Chinese currency clearing services for its European clients in December 2013, said Guo.

The bank hopes to be deeply involved in the development of London's offshore renminbi market in order to provide better financial services in the process of economic and trade cooperation between China and Britain, he said.

In 2013, the bank settled cross-border trade of 1.1 trillion yuan. It also provides Qualified Foreign Institutional Investor custody services and conducts investments in the Chinese inter-bank bond market on behalf of its clients.

At the moment, Chinese banks have subsidiaries in Britain but no full-fledged branches.

British Chancellor of the Exchequer George Osborne pledged in Beijing last October that his country would ease restrictions on the establishment of branches by Chinese banks in Britain.

Osborne said in Hong Kong last month that the British and Chinese governments are "in active discussions" about setting up a clearing bank in London for China's currency.

With support by both governments, London stands out as a leading global renminbi trading hub. In June 2013, China and Britain entered into a currency swap agreement. Last October, China said it would allow London-based investors to buy yuan-denominated shares, bonds and money-market instruments in China.

Chinese banks' profits to slip further in 2014

China Merchants Bank's profit growth slows

Chinese commercial bank profits up in 2013

Pudong Development Bank earns $6.7b profit

Bank profit growth set to fall, official says

Profits at Bank of Communications up 9%

Bank of China's profit rises 13%

China Everbright Bank's profit up 13.87%

Banks rake in profits

 

Hot Topics

Editor's Picks
...
...
剑川县| 江川县| 荔浦县| 十堰市| 高淳县| 永昌县| 太康县| 闸北区| 贡觉县| 清流县| 北川| 汉寿县| 岢岚县| 灵山县| 新巴尔虎左旗| 舞钢市| 西吉县| 垦利县| 怀柔区| 资溪县| 安塞县| 商水县| 古浪县| 诸暨市| 嘉禾县| 彰化县| 江源县| 周口市| 蒲江县| 汽车| 鞍山市| 老河口市| 千阳县| 马公市| 焉耆| 贡觉县| 滦南县| 锦州市| 霍林郭勒市| 汶上县| 增城市|