2025-02-07
Added · Updated
The Hong Kong Monetary Authority introduces a RMB100 billion Renminbi Trade Financing Liquidity Facility to provide authorized institutions with stable RMB funding for corporate trade finance. The facility, launching on 28 February 2025, requires participating banks to obtain assigned quotas based on their governance controls and projected business pipelines. Participants must ensure borrowed funds are strictly used for in-scope RMB trade finance to corporates and are subject to retrospective reporting and monitoring by the regulator.
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