|Growing your Rmb business
A close look at the latest Rmb transaction data reveals business insights and identifies opportunities
Date: October 19th, 2011
Singapore 3:00pm - 4:00pm
For more information,
Tel: +65 6236 6175
More than 900 financial institutions in over 70 countries are already doing business in the Chinese renminbi (Rmb), but the currency is used far less internationally than would be expected. Save for Hong Kong, where its role is keenly defined, the shape that the Rmb will take in Asian markets and beyond remains unclear. And while the liberalization of the Rmb will be a long process, the challenges and opportunities it creates for global financial institutions are immediate and real.
To capture this engaging evolution, The Asian Banker, together with SWIFT, is organising a tele-consultation session on the topic of "Growing your Rmb business" to provide a close look at the latest key numbers in the evolution of Rmb transaction data as a way of identifying business development opportunities.
Key discussion points will be:
- Setting the scene and introducing the speakers
- Rmb Internationalization: latest status and offshore CNY automation
- Rmb business development opportunities: a closer look at global Rmb transaction data
- What does this mean for your bank’s Rmb strategy?
The session will be conducted by a panel of industry experts who will share their views on these topics and provide direction. Hosted by Mr Peter Hoflich, Managing Editor of The Asian Banker, the tele-consultation panel will be made up of the following leading industry practitioners:
||Mr Wim Raymaeker, Head of Banking Market, SWIFT.
Wim Raymaekers manages SWIFT’s banking market worldwide, and his responsibilities include identifying new trends in correspondent banking, such as person-to-person international money transfers, mobile payments, Rmb internationalisation, and assisting banks in embracing these in their strategic product offering. Wim has had extensive experience in senior management roles in corporate cash management, connectivity channels and e-commerce.
||Mr Michael Vrontamitis, Regional Head of Product Management, Northeast Asia, Standard Chartered Bank.
Michael Vrontamitis is the regional head of product management, transaction banking for Northeast Asia and has product oversight and P&L responsibilities across the suite of transaction banking solutions for cash management and trade finance in Northeast Asia. He has worked extensivly in Asia across a number of businesses, including corporate relationship management, cash management and trade product sales and investor relations.
||Mr Thomas Poon, Head of Business Planning and Strategy, Hong Kong, HSBC.
As head of business planning and strategy for HSBC in Hong Kong since November 2010, Thomas Poon’s responsibilities include strategising and promoting the bank’s Rmb business initiative in Hong Kong. Based in Hong Kong from 1992 to 2002, and in Shanghai from 2003 to 2005, Poon was a director in global banking previously and has worked extensively on China-related business development in HSBC.
|Sign up to join this exciting discussion now!
This event is free to attend. To register for the session, please e-mail your particulars (name, designation and contact information) to Jerome Ong at firstname.lastname@example.org, or call him at +65 6236 6175 by Friday, October 14th 2011 at 5pm (Singapore time) at the latest. We will send you the dial-in instructions prior to the session.