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BNP Paribas has received a Panda Corporate [...]

Jan 01, 2019 - The Banker

BNP Paribas has received a Panda Corporate Bond Lead Underwriting Licence Type B from China's National Association of Financial Market Institutional Investors. The licence allows the French lender to be the lead underwriter for yuandenominated bonds from international non-financial corporate issuers in the country. The bank is the third foreign lender to receive the licence, after HSBC and Standard Chartered.