Thursday, December 18, 2014

DBS Indonesia Offer Investment Through Renminbi Currency

Renminbi is considered to have a high volatility against the US dollar (USD), so it will benefit customers to do business Currency Linked INVESTMENT. PT Bank DBS Indonesia (DBS Indonesia) released one of the flagship program of the Currency Linked INVESTMENT (CLI) in the Chinese currency, the renminbi.

This is an investment product that promises to customers by providing attractive returns than conventional deposits. Customer will perform selections, so the seller and buyer will exchange foreign currency.

"The number of export and import activities with China and the rise of the discussion about the movement of the renminbi in the market to bring a positive influence on the increase in demand for renminbi CLI of high-net-worth clients," said Head of Treasury Sales & Market DBS Indonesia, Benny Aroeman, the release of the company , in Jakarta, Thursday, December 18, 2014.

Benny said that, since the last two or three years renminbi into the international spotlight. Because, as the country with the second largest in the world prekonomian, offered the prospect of greater renminbi.

Nevertheless, that the requirements imposed by Bank Indonesia (BI) for customers who do business investment this currency must have at least 5 billion or its equivalent in foreign currency, in accordance with Bank Indonesia Regulation 11/26 / PBI / 2009 on the precautionary principle in structured products for commercial banks.

"The renminbi has high volatility against the US dollar (USD), so it will benefit customers in the CLI business," he concluded

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