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Trade settlement goals drive L-Bank’s dim sum ambitions – interview
June 07, 2012
L-Bank plans to be an active participant in the dim sum bond market to support the renminbi trade settlement activities of its region’s industrial giants, says funding official Sven Lautenschlaeger.
L-Bank, the state bank of Germany’s Baden-Württemberg, aims to be a consistant issuer in the offhsore renminbi, or CNH, bond market in a bid to strengthen its capabilities and expertise in anticipation of greater renminbi trade settlement activity in the...
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