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RMB leadership across markets and solutions

Standard Chartered has won 29 RMB awards, recognising its strengths across markets, client solutions, liquidity management and FX.

6 May 2026

5 mins

Corporate & investment bankingCash managementTransaction banking
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As Renminbi (RMB) adoption deepens across global trade and finance, corporates and FIs are looking beyond access to the currency itself. Increasingly, the focus is on how RMB can be used more effectively across trade, treasury, liquidity and financing.

Reflecting the growing role of Renminbi in cross-border business and the breadth of the bank’s RMB franchise, we have received 29 RMB awards in The Asset Triple A Treasurise Awards, spanning 20 individual markets, two regional categories, six Best Renminbi Internationalisation Solution awards, and Renminbi Banker of the Year for Karen Ng.

RMB internationalisation continues to create new opportunities for clients across trade, treasury and financing. These awards reflect the strength of our network and our focus on delivering practical solutions that help clients operate more effectively across borders.
Karen Ng
MD, Head, China Opening & RMB Intl, CC, CCIB

Strength across the globe

We were named Best Renminbi Bank in 20 individual markets, underlining the strength of our on-the-ground RMB capabilities across Asia, Africa, the Middle East and Europe.

The recognised markets span:

Award-winning RMB solutions in action

At the heart of this recognition are six Best Renminbi Internationalisation Solution awards. These mandates show how RMB solutions are being used in practical, commercially relevant ways across sectors including automotive, shipping, metals, energy and industrials.

01

Funding and working capital

For Zhejiang Leapmotor Technology, we structured a limited recourse, selective turnover-based receivables purchase facility financing RMB-denominated cross-border receivables with tenors of up to 181 days. The solution helped unlock working capital, reduce funding costs and manage FX risk more effectively.

For HBIS Group Co., Ltd., we enabled the refinancing of sight letters of credit into longer-tenor funding, helping secure more stable iron ore procurement and support medium- to long-term offtake contracts.

For Singapore (Cogeneration) Steel, we delivered a first-to-market CNH export LC discounting solution with a periodic interest-rate reset, providing a cost-effective alternative to traditional financing while helping optimise balance sheet liquidity.

Together, these examples show how RMB financing solutions can support stronger funding alignment and more efficient working capital management.

02

Cross-border trade and efficiency

For Cosco Shipping Development Co., Ltd., we implemented a cross-border RMB lending solution that provides competitive funding and supports the growth of China’s maritime ecosystem.

For Sinopec Century Bright Capital Investment (Singapore) Pte. Ltd., the bank delivered a bespoke cross-currency import financing solution that achieved same-day funding with zero additional documentation, improving execution speed and reducing operational friction.

For Singapore (Cogeneration) Steel, we delivered a first-to-market CNH export LC discounting solution with a periodic interest-rate reset, providing a cost-effective alternative to traditional financing while helping optimise balance sheet liquidity.

These mandates reflect a wider shift in RMB internationalisation, where solutions that combine funding access with operational simplicity and faster cross-border execution are increasingly valued.

03

Treasury and liquidity

For Shell Treasury Centre Limited, we implemented a robust CNH liquidity structure integrating domestic pools with automated cross-border sweeping to China and intra-day facilities. This enabled more centralised, real-time treasury management and more efficient settlement of large-value transactions.

The mandate shows how RMB is becoming more embedded in treasury design, as treasurers look for more connected ways to centralise liquidity and manage funds across entities and markets.

Regional strength in liquidity management and FX

We were also recognised with two Best Renminbi Bank for regional awards in Liquidity Management and FX.

These awards signal an increasingly important dimension of RMB internationalisation. As RMB flows become more integrated into day-to-day business, clients need the supporting infrastructure to manage them effectively.

In liquidity management, that means helping treasurers centralise balances, mobilise funds efficiently and improve visibility across markets. In FX, it means helping clients manage currency exposures with greater confidence as RMB use expands across trade and financing activity.

Together, these awards reinforce the bank’s ability to connect RMB flows with broader treasury, funding and risk management priorities.

Leadership in RMB internationalisation

Karen Ng’s recognition as Renminbi Banker of the Year further underscores our longstanding commitment to RMB internationalisation.

The award highlights her leadership in helping shape the bank’s RMB franchise and in supporting clients as RMB becomes more relevant across trade, treasury and financing decisions. It also speaks to the broader strength of the platform behind that leadership: market insight, client focus and execution across the bank’s network.

What this means for clients

The significance of these awards lies not only in the recognition itself, but in what they signal about the market.

RMB is becoming more relevant across a wider set of client needs, from trade settlement and cross-border financing to treasury centralisation, liquidity structures and FX risk management. As a result, clients are increasingly looking for banking partners that can help them move from access to implementation.

That requires more than product availability alone. It requires practical solutions built around business objectives, local market understanding and the ability to connect trade, treasury, financing and FX needs across borders.

Our latest recognition reflects that broader capability. Across markets, regional platforms and client mandates, it highlights how Renminbi solutions are being applied in ways that help clients operate more efficiently, manage complexity and capture cross-border opportunities.

As RMB internationalisation continues to evolve, the focus for many clients will increasingly be on how to embed RMB more strategically into their operating models. We remain committed to supporting that journey with solutions that are connected, practical and grounded in real business needs.

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