Mizuho Corporate Bank, Ltd. (MHCB: President & CEO, Hiroshi Saito) has commenced handling of renminbi (RMB) at its Beijing Branch.


The Beijing Branch has been providing mainly foreign-currency-denominated financial services, such as lending and deposit-taking, to Japanese and foreign-capitalized firms. However, with the commencement of RMB handling, the Beijing Branch can now provide financial services denominated in RMB to Japanese and foreign-capitalized firms, as well as to Chinese companies.


MHCB remains committed to further enhancing its products and services to fully support the growth and development of its customers' business.

Beijing Branch Commences RMB Business

October 16, 2006

Mizuho Corporate Bank, Ltd. (MHCB: President & CEO, Hiroshi Saito) has commenced handling of renminbi (RMB) at its Beijing Branch.


The Beijing Branch has been providing mainly foreign-currency-denominated financial services, such as lending and deposit-taking, to Japanese and foreign-capitalized firms. However, with the commencement of RMB handling, the Beijing Branch can now provide financial services denominated in RMB to Japanese and foreign-capitalized firms, as well as to Chinese companies.


MHCB remains committed to further enhancing its products and services to fully support the growth and development of its customers' business.

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