OeNB and People’s Bank of China Sign Investment Agreement

Companies ♦ Published: November 10, 2011; 16:00 ♦ (Vindobona)

The agreement enables the Austrian National Bank to Invest via PBC in Renminbi-denominated assets.

OeNB and People’s Bank of China Sign Investment Agreement / Picture: © OeNB

Based on the excellent long lasting contacts between the People´s Bank of China (PBC) and the Austrian National Bank (OeNB), the Governors of the two central banks, Xiaochuan Zhou and Ewald Nowotny, today signed an important agreement in Beijing. This agreement enables the OeNB to invest via the PBC in Renminbi-denominated assets.

This is the first agreement of this kind signed…

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OeNB Austrian National Bank, Ewald Nowotny, ECB European Central Bank, China, Banking Industry
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