Home > Quick > Body

ICBC Asia Confirms First Trades Under HKMA’s Optimized RBF Measures

clock
2026-07-10 10:33:40
ICBC (Asia) said it has confirmed the first batch of transactions under the Hong Kong Monetary Authority’s optimized Renminbi Business Funding Arrangement (RBF) measures launched today, according to Ming Pao.

The bank said it is providing corporates with low-cost renminbi financing solutions with tenors including nine months, two years and three years, aiming to meet funding needs, facilitate cross-border trade and investment, and strengthen Hong Kong’s role as an offshore renminbi hub.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.