Money
8 overseas banks OKed to buy mainland bonds
Updated: 2011-03-22 10:14
(Agencies)
The following eight banks were given permission on Monday to invest in the onshore interbank market using offshore yuan funds:
-- Agricultural Bank of China Hong Kong branch
-- China Construction Bank Corp Hong Kong branch
-- Citibank Hong Kong branch
-- Bank of Tokyo-Mitsubishi UFJ Hong Kong branch
-- Nanyang Commercial Bank
-- Wing Lung Bank
-- Wing Hang Bank
-- Chiyu Bank
The following were given such permission in January:
-- Bank of Communications Hong Kong branch
-- Hang Seng Bank Ltd
-- CITIC Bank International Ltd
-- China Construction Bank (Asia) Co Ltd
-- Bank of East Asia Ltd
-- Deutsche Bank Hong Kong branch
-- DBS Bank (Hong Kong) Co Ltd
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