Core Viewpoint - Standard Chartered Bank aims to enhance its role as a bridge in cross-border financial innovation and exploration in Shanghai, leveraging the city's advanced financial market and regulatory environment [1][2]. Group 1: Company Initiatives - Standard Chartered Bank has successfully completed a ten-year USD-RMB currency swap for a major state-owned enterprise based in Shanghai, addressing the challenges of high USD financing costs and exchange rate risks associated with long-term financing for overseas mining projects [1]. - The bank's tailored long-term foreign exchange derivative solutions utilize the cross-border RMB flow facilitation provided by the Shanghai Free Trade Zone, helping clients reduce project financing costs and manage long-term exchange rate risks effectively [1]. Group 2: Industry Impact - The recent transaction promotes the use of RMB in cross-border trade and investment, enhancing its liquidity and recognition in offshore markets, particularly as Shanghai connects with other international financial centers like Hong Kong, London, New York, Singapore, and Dubai [2].
【2025外滩年会】渣打中国行长鲁静：积极探索跨境金融领域创新模式