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SAIC Signs Deal with Savari to Bring Autonomous Driving Technology to China
Oct 27, 2016Savari has signed an agreement with SAIC USA, a subsidiary of Chinese automaker SAIC Motors, to manufacture and distribute its V2X communications solutions in the Greater China and selected ASEAN countries. With this partnership, the ...
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Yuen Foong Yu Paper's Plan to Issue Renminbi-Denominated Bond at OBU
Dec 3, 2012The policy of the Financial Supervisory Commission(FSC)encouraging domestic enterprises to float renminbi-denominated bonds at the offshore banking units(OBU)of domestic banks may come to a halt,due to disagreement of the Ministry of ...
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OBU and Overseas Branches Have Become an Increasingly Important Source of Profits
Nov 27, 2012The offshore banking units (OBU) and overseas branches have become an increasingly important source of profits for Taiwanese banks, due to expanded loans and higher interest spread. Thanks to spike in U.S.-dollar loans for mainland Chinese ...
Tags: Mega Banks, OBU
