Tag: mou

UOB will leverage Keppel’s reach to promote its sustainability solutions beyond Singapore.

The agreement between the two central banks aims to boost bilateral cooperation in areas such as payments and anti-money laundering.

Indonesia and Brunei central banks cooperate on anti-money laundering and counter-terrorism measures.

IE Singapore, CCB, and SGX will collaborate on infrastructure financing and encourage Chinese companies to raise funds in the Lion City’s via listings and debt issuance.

The deal between the two payments systems could improve corporates' ability to manage renminbi, their relationships with suppliers, and lower the cost of renminbi transactions, market experts claim.

The People’s Bank of China cut the one year deposit lending rates and upper interest limits allowed to be offered on deposits above the benchmark rate; Bank Indonesia issued policies designed to support the government’s fuel subsidiary reform; PBOC designates Australian RMB clearing bank.

China's State Administration of Foreign Exchange (SAFE) has replaced or eliminated a total of 34 foreign exchange documentary rules; Hong Kong announced several initiatives to position itself as a renminbi trading hub for Latin America; China's State Council launched several new support structures designed to spur imports.