Crédit Agricole CIB captures three house awards at Risk Asia Awards 2026

Prominent derivatives-focused publication Risk.net has recognised Crédit Agricole CIB with three major accolades: RMB House of the Year, Derivatives House of the Year for Hong Kong, and Derivatives House of the Year for South Korea at the 2026 Risk Asia Awards — reflecting the Bank's exceptional market expertise across these sectors. This marks the second consecutive year the Bank has been recognised as Derivatives House of the Year for Hong Kong and South Korea, and it regains the RMB House of the Year award, which it last won in 2024.

Crédit Agricole CIB was among the first batch of banks to post offshore RMB-denominated Chinese government bonds (CGBs) as collateral with global clearing house LCH, reinforcing its mission to leverage RMB collateral from Chinese partners and facilitate integration with worldwide financial markets. In addition, Crédit Agricole CIB was the first foreign bank to accept the use of offshore CGBs as collateral in non-centrally cleared derivatives transaction, innovatively expanding the international application scenarios for CGBs. 

Building on this connectivity advantage, the Bank has broadened its hedging product suite for Chinese issuers. Crédit Agricole CIB continues to expand the pathways for international capital to flow into China's domestic market. As one of few banks permitted to operate across borders in Offshore Chinese Yuan (CNH), the Bank’s now provide pricing on global Non-Deliverable Forwards (NDFs) through the China Foreign Exchange Trade System (CFETS) in direct transactions with onshore banks.

The Bank remains committed to initiatives that integrate China's domestic financial system with international markets, demonstrated through involvement in Bond Connect and Swap Connect programmes.

In 2025, Crédit Agricole CIB placed third among Hong Kong dollar bond underwriters, managing approximately US$10 billion across 166 transactions.

The Hong Kong franchise functions as a cornerstone for the Bank's regional cross-border activities. From this hub, Crédit Agricole CIB manages its CNH and FX operations and has made substantial investments in bridging international financial centres with China's domestic system.

These recent engagements underscore the strength of Crédit Agricole CIB 's Debt Capital Markets (DCM) presence in Hong Kong, built through landmark transactions including a HK$19 billion multi-tranche issuance for Airport Authority Hong Kong, which is the largest ever Hong Kong dollar public bond offering and an HK$18.8 billion multi-tranche bond offering for MTR Corporation.

Crédit Agricole CIB 's prominent position in the KTB market demonstrates its capacity to deliver superior execution in KTB auctions and deliver clients with sophisticated market intelligence. This cash market proficiency has elevated the Bank's derivatives operations accordingly.

Between 2023 and 2026 year-to-date, Crédit Agricole CIB DCM Korea has maintained second in ranking in the Korea Sustainable Bonds league tables, validating its competitive position in sustainable finance.

The Bank has successfully structured KTB refinancings with international clients utilising onshore Bond Forwards, capitalising on its cross-border network and ties to global financial institutions — enabling it to better serve demand from Korean long-term investors.

Crédit Agricole CIB introduced an innovative structure to the Korean market — executing the nation's first Smart Dispersion Swap transaction with a mutual aid organisation via a securities distributor.

Read the full articles of the RMB House of the Year and Derivatives House of the Year, Hong Kong awards here:

• RMB house of the year: Crédit Agricole CIB
• Derivatives house of the year, Hong Kong: Crédit Agricole CIB Will open in a new tab