'4-8 trillion RMB' needed in the hands of Chinese consumers to stimulate the economy: Barclays
Ajay Rajadhyaksha of Barclays breaks down the problems facing the Chinese economy and says that the government and central ...
RMB facilitated R155bn’s sustainable and transition finance deals in Africa
RMB yesterday said it also provided the first green loan in the African real estate sector for Equites Property Fund. Equites ...
Engineering News1d
RMB funded renewables projects worth R50bn last year and is gearing up for private grid prospects
Corporate and investment bank RMB reports that it financed renewable-energy investments worth R50-billion over the past year ...
Exclusive: China Minsheng Bank cut Beijing staff pay by up to 50% in austerity drive
China Minsheng Bank , has cut pay by up to 50% for its Beijing branch employees, two people with direct knowledge of the ...
Engineering News3d
RMB assists in complex deal between Metier, sea cable recycler
Rand Merchant Bank (RMB) has provided transaction support to private equity firm Metier towards acquiring Mertech Marine.
Russia's central bank and lenders tell each other to resolve the country's yuan supply squeeze
Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The central bank is advising lenders ...
News247d
HSBC said to be in talks to sell South African unit to RMB
HSBC is in talks to sell its South African corporate banking unit to FirstRand's Rand Merchant Bank, people with knowledge of ...
Russian banks say they've run out of yuan as Chinese firms pull away from the nation
Payment scuffles between Russian companies and Chinese banks have escalated in recent weeks, with Chinese firms pulling back ...
Nairametrics11d
RMB Nigeria Board appoints Bayo Ajayi as CEO
The Board of Directors of Rand Merchant Bank (RMB) Nigeria has announced the appointment of Bayo Ajayi as CEO of RMB Nigeria, following the approval from the Central Bank of Nigeria (CBN).
Nikkei Asia1d
Chinese yuan closes near a 16-month high on rising stimulus hope
SHANGHAI (Reuters) -- China's yuan recovered all intraday losses on Thursday to close near a 16-month high against the dollar ...
Mauritius central bank: Mauritius, China sign currency swap agreement
Mauritius and China's central banks have signed a three-year currency swap agreement worth 13 billion Mauritian rupees or 2 billion Chinese yuan (about $281 million), the Bank of Mauritius said on ...