Thursday, May 19, 2011
Standard Chartered the prospect which settles accounts to the Renminbi interstate trade is very optimistic
Chartered Bank (China) Limited company cash management chief President concurrently routine Vice-President Lin Yuandong indicated that Standard Chartered the prospect which settles accounts to the Renminbi interstate trade is optimistic. The following is Lin Yuandong the part speech content: just introduced the Renminbi internationalization advancement, Chartered Bank takes seriously actually regarding this development, actually we also felt that allows the good fortune to be possible to have this kind of opportunity, participates in this kind of developing process, because I want not to have too many opportunities in our life, may participate in such important one currency, inside an internationalization journey. in the past two years, we might see the Renminbi internationalization advancement, indeed developed is quick, i.e. entire profession everybody each quarter very diligently did, what but had a point to need saying that the related supervision organization they in impelled above this matter, for organization, for enterprise various help, continued to serve, this was arrives, or thought that is impossible in such a short time to have today this kind of development. Therefore said that director to today development is not very satisfied, but we turn head looked, actually the time is very short, today's result is good. Standard Chartered above participation Renminbi internationalization matter, actually as early as before policy releasing, we were already on own initiative went with the related supervision organization exchange, made some our suggestion, prepared for own, when after therefore the policy came out, we very quick can launch some services. How for example to use us in the bank international network, supports this kind of matter, then the customer education is also very important one. Because Renminbi interstate settlement, not only says to the bank is a new service, to the enterprise is also new. Many enterprises have not done. Everybody must exchange through time, goes with the customer communication, lets them understand why uses the Renminbi to settle accounts, has what advantage? This we saw slowly the market is very quick. I thought that Chartered Bank settles accounts this service to the Renminbi interstate trade to be excited, then is very optimistic to this prospect.