Citi launches RMB trust services in Hong Kong

Citi’s Agency and Trust announces enhancements to its renminbi product portfolio.

Citi’s Agency and Trust, which is part of the bank’s global transaction services division, has launched a comprehensive suite of renminbi agency and fiduciary services for its corporate and institutional clients in Hong Kong. These enhancements will allow Citi’s renminbi bond, loan and structured finance customers to access the renminbi market in Hong Kong and internationally.

According to the bank, the new products will support an extended range of renminbi-related activities, including trustee and paying agency services for renminbi-denominated bond issues in Hong Kong amid China’s move to allow foreign lenders greater access to its interbank bond market. There will also be support for mergers and acquisitions, real estate transactions, trade and project...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222