Companies race for Singapore-Tianjin RMB initiatives
Jul 15, 2014
Keppel lands second cross-border RMB loan via Tianjin
One of Singapore’s largest conglomerates has raised a Rmb50 million loan through a special pilot scheme set up in Tianjin. Similar transactions across China are expected.
Singapore’s Keppel Corporation has raised its second cross-border renminbi loan into Tianjin, China. The deal went through on February 3.
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