Asiamoney’s sixth Offshore RMB Poll assessed the best offshore RMB services provider across the Asia-Pacific region.
Existing users of offshore RMB services, such as corporates, financial institutions and investors, were invited to participate in this survey.
A total of 2,379 valid responses from 2,035 different companies were received across various industries.
| Breakdown of country | |
| Australia |
0.80% |
| China |
38.59% |
| Hong Kong |
41.28% |
| India |
0.25% |
| Indonesia |
0.34% |
| Japan |
1.05% |
| Korea |
1.56% |
| Malaysia |
0.80% |
| Other |
3.91% |
| Singapore |
3.66% |
| Taiwan |
7.31% |
| Thailand |
0.13% |
| The Philippines |
0.04% |
| Vietnam |
0.08% |
| Breakdown by sector | |
| Banking |
8.09% |
| Business services |
4.98% |
| Financial services/insurance |
8.42% |
| IT/Software |
2.40% |
| Manufacturing |
26.38% |
| Other non-financial institutions (construction, food & beverages, healthcare, etc) |
12.22% |
| Real estate |
3.29% |
| Trading/wholesale/retail |
30.75% |
| Transportation |
3.48% |
Respondents were asked to nominate their top three services providers in the following categories:
· Best overall offshore RMB products/services
· Best offshore RMB clearance, transaction banking and settlement
· Best offshore RMB bond origination
· Best offshore RMB fund investment
· Best offshore RMB liquidity management (e.g. deposits, cross-border concentration/pooling)
· Best offshore RMB derivatives
· Best offshore RMB research
· Best services for offshore RMB foreign exchange
· Best advice/information on offshore RMB regulations
· Best offshore RMB wealth management
· Best offshore RMB fund services (e.g. custodian and trust services)
A first-place ranking was awarded three points, second place two points and third place one point.
To avoid any one institution having more influence than others of equal size, multiple responses were fractioned according to the total number received from that one institution.
For more information, please contact data@euromoney.com