Crédit Agricole CIB scooped RMB House of the Year at the Asia Risk Awards 2024

As a leading Renminbi (RMB) solutions provider, Crédit Agricole CIB is committed to tailoring solutions for clients to capitalise on every market opportunity.

This year, Crédit Agricole CIB has made numerous breakthroughs, especially in cross-border financing solutions, which help clients optimise funding costs with Chinese Government Bonds (CGBs) through offshore markets.

In an interview with judges, one of the clients accoladed the Bank’s good product pricing and the flexibility in accepting a wide range of RMB collaterals. The client also noted, “Crédit Agricole CIB is contributing to the infrastructure of the internationalisation of CGBs and broadening foreign currency funding channels for domestic institutions.”

For Crédit Agricole CIB, the opportunities lie not only in the present but also in the foreseeable future. In recent years, the Bank has worked diligently to offer diverse RMB instruments and develop an infrastructure to bridge opportunities onshore and offshore across asset classes.

The Bank’s positioning to intermediate between China’s onshore and offshore markets has been, and will continue to be, part of the core strategy.