Luxembourg Stock Exchange and Industrial and Commercial Bank of China sign memorandum of understanding
The Luxembourg Stock Exchange (LuxSE) and the Industrial and Commercial Bank of China, Luxembourg branch, (ICBC) signed a memorandum of understanding on 4 December 2014 at the occasion of the launching ceremony of ICBC as the RMB clearing bank for Luxembourg
With this agreement, LuxSE and ICBC intend to cooperate on a range of market activities that are linked to the internationalisation of the renminbi, particularly the listing of RMB denominated securities in Luxembourg.
They will also be cooperating on securities listings in general, as well as on market innovation and new listing products.
Commenting on the signing of the agreement, Hubert Grignon Dumoulin, member of the management board of LuxSE said, “We are pleased to have signed this memorandum of understanding with ICBC. This agreement further strengthens the capacity of Luxembourg as a platform for international RMB business and highlights the global and long-term expertise that LuxSE can bring to this field.”
LuxSE currently lists 47 RMB bonds for issuers from 20 countries and 8 RMB investment funds. LuxSE is the number one listing venue for RMB bonds outside Asia
Communiqués liés
Drees & Sommer lauréat du Vision Zero Award
Drees & Sommer, société leader dans le conseil et la réalisation de projets d...
PwC Luxembourg welcomes New Head of Human Resources, Delphin...
PwC Luxembourg is delighted to welcome its new Head of Human Resources, Delphine...
BESIX RED relève les défis de 2023 grâce à l’unité e...
Malgré les défis sans précédent auquel le marché immobilier a fait face tou...
ION-owned LIST connects FastTrade electronic trading system ...
LIST, an ION company, today announces that it has successfully completed the cer...
Nomination de Benoît Piccart en tant que Head of Corporate ...
Après plus de 30 années chez Baloise, Marc Folmer, Directeur de la Gouvernance...
Votre monde, votre langue, votre assurance : l'Intelligence ...
AXA Luxembourg lance une initiative invitant les habitants et futurs habitants d...
Il n'y a aucun résultat pour votre recherche