BOC HONG KONG(HK:02388) Zhong Guo Xin Wen Wang·2025-10-09 10:21Core Viewpoint - The article highlights the first RMB trade financing transaction in Indonesia arranged by ITG POINTER through Bank of China (Hong Kong) Limited, Jakarta Branch, marking a significant step in utilizing offshore RMB funds in the Indonesian market and supporting cross-border RMB settlement and financing [1] Group 1: RMB Trade Financing - The transaction represents the inaugural RMB trade financing under the upgraded "RMB Business Fund Arrangement" by the Hong Kong Monetary Authority in the Indonesian market [1] - This initiative aims to facilitate the increasing demand for cross-border RMB settlement and financing among Indonesian enterprises engaged in trade with China and ASEAN [1] Group 2: Support from Regulatory Bodies - The People's Bank of China supports the latest "RMB Business Fund Arrangement," which allows participating institutions to lend RMB funds to their overseas group banks to meet the financing needs of corporate clients [1] - This arrangement is expected to enhance the application of RMB in settlement and financing across Southeast Asia [1] Group 3: Strategic Importance for Bank of China - The Jakarta Branch of Bank of China plays a crucial role in the group's strategy in Indonesia, leveraging the regional integration service advantages from its Hong Kong headquarters [1] - The RMB Business Fund Arrangement is seen as an opportunity to strengthen the global network of Bank of China and act as a hub for the offshore RMB market, supporting Indonesian enterprises in expanding their international market presence and improving capital management efficiency [1]