OCBC, Bangkok Bank, First Abu Dhabi join Hong Kong's US$14 billion offshore yuan schemeListen to this articleA man walks past an advertisement promoting China's renminbi (RMB) or yuan, US dollar and Euro exchange services at foreign exchange store in Hong Kong on Aug 13, 2015. Other new participants include ING Bank, Taiwan's Bank SinoPac, and Hong Kong-based Dah Sing Bank and CMB Wing Lung Bank. Yue said more banks could be included depending on demand, "with the aim of promoting yuan use in the real economy and fostering offshore yuan growth in Hong Kong". The authority said the expansion enhanced "Hong Kong's capacity in channelling offshore RMB funds to the global market". HSBC said it provided a 1.4 billion yuan working capital loan to a subsidiary of a mainland China-listed company with overseas operations, marking one of the client's first offshore yuan loans.

Source: Bangkok Post January 02, 2026 14:01 UTC