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Global RMB Poll

Asiamoney Offshore RMB Poll 2017

The Offshore RMB Poll asked corporations, financial institutions and institutional investors to identify the best service providers in the renminbi market

Best overall RMB products/services

Rank Firm
1 HSBC 45.46%
2 Standard Chartered 12.37%
3 Bank of Tokyo-Mitsubishi UFJ 12.18%
4 Bank of China (Hong Kong) 5.67%
5 Bank of China 4.89%
6 Citi 1.98%
7 ICBC 1.52%
8 Hang Seng 1.47%
9 China Construction Bank 1.3%
10 Mizuho 1.19%
     
     

Best for offshore RMB liquidity management

Rank Firm
1 HSBC 43.64%
2 Bank of Tokyo-Mitsubishi UFJ 12.17%
3 Standard Chartered 11.55%
4 Bank of China (Hong Kong) 6.28%
5 Bank of China 5.5%
6 Citi 1.88%
7 Hang Seng 1.79%
8 ICBC 1.78%
9 China Construction Bank 1.64%
10 Mizuho 1.16%
     

Best for RMB clearance, transaction banking and settlement

Rank Firm
1 HSBC 43.26%
2 Bank of Tokyo-Mitsubishi UFJ 11.52%
3 Standard Chartered 11.46%
4 Bank of China (Hong Kong) 7.26%
5 Bank of China 5.98%
6 Citi 2.22%
7 ICBC 1.96%
8 Hang Seng 1.63%
9 Mizuho 1.31%
10 China Construction Bank 1.27%
     

Best for offshore RMB bond origination

Rank Firm
1 HSBC 42.2%
2 Standard Chartered 11.7%
3 Bank of Tokyo-Mitsubishi UFJ 10.95%
4 Bank of China (Hong Kong) 7.1%
5 Bank of China 6.45%
6 ICBC 2.01%
7 Citi 1.93%
8 Hang Seng 1.92%
9 DBS 1.19%
10 Bank of Communications 1.17%
     

Best for offshore RMB research

Rank Firm
1 HSBC 44.56%
2 Standard Chartered 12.13%
3 Bank of Tokyo-Mitsubishi UFJ 12.03%
4 Bank of China (Hong Kong) 5.21%
5 Bank of China 4.33%
6 Citi 2.39%
7 DBS 1.47%
8 Mizuho 1.39%
9 ICBC 1.28%
10 Hang Seng 1.26%
     

Best for offshore RMB foreign exchange

Rank Firm
1 HSBC 43.82%
2 Bank of Tokyo-Mitsubishi UFJ 12.3%
3 Standard Chartered 11.57%
4 Bank of China (Hong Kong) 5.69%
5 Bank of China 5.03%
6 Citi 2.09%
7 Mizuho 1.62%
8 ICBC 1.51%
9 DBS 1.31%
10 Hang Seng 1.09%
     

Best for advice/information on offshore RMB regulations

Rank Firm
1 HSBC 44.7%
2 Bank of Tokyo-Mitsubishi UFJ 12.4%
3 Standard Chartered 12.12%
4 Bank of China (Hong Kong) 6.26%
5 Bank of China 5.1%
6 Citi 2.06%
7 ICBC 1.67%
8 Mizuho 1.24%
9 China Construction Bank 1.12%
10 Hang Seng 1.09%
     

Best for offshore RMB fund services

Rank Firm
1 HSBC 45.16%
2 Bank of Tokyo-Mitsubishi UFJ 12.23%
3 Standard Chartered 11.7%
4 Bank of China (Hong Kong) 6.82%
5 Bank of China 5.16%
6 Citi 2.51%
7 ICBC 1.57%
8 China Construction Bank 1.3%
9 Hang Seng 1.19%
10 Mizuho 1.17%
     

Best for offshore RMB derivatives

Rank Firm
1 HSBC 44.11%
2 Standard Chartered 12.36%
3 Bank of Tokyo-Mitsubishi UFJ 11.63%
4 Bank of China (Hong Kong) 5.5%
5 Bank of China 5.13%
6 Citi 2.2%
7 ICBC 1.55%
8 Hang Seng 1.46%
9 Mizuho 1.31%
10 BNP Paribas 1.27%
     

Best for offshore RMB fund investment

Rank Firm
1 HSBC 45.01%
2 Bank of Tokyo-Mitsubishi UFJ 12.27%
3 Standard Chartered 11.68%
4 Bank of China (Hong Kong) 5.8%
5 Bank of China 5.1%
6 Citi 2.32%
7 Hang Seng 1.6%
8 ICBC 1.58%
9 Mizuho 1.26%
10 BNP Paribas 1.08%
     

Best for offshore RMB wealth management

Rank Firm
1 HSBC 45.54%
2 Bank of Tokyo-Mitsubishi UFJ 12.19%
3 Standard Chartered 11.63%
4 Bank of China (Hong Kong) 6.01%
5 Bank of China 4.9%
6 Citi 2%
7 ICBC 1.68%
8 Hang Seng 1.6%
9 China Construction Bank 1.38%
10 DBS 1.25%
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