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Catherine CHANTHABOUN
Head of International Desk Asia Pacific
Catherine CHANTHABOUN
Head of International Desk Asia Pacific
Last updated: December 2022
The International Asia-Pacific Desk of the Crédit Agricole Group provides support to the Crédit Agricole Group’s business clients in Hong Kong to help them implement their operations on location, particularly opening accounts, and providing financing, information and banking advice. To this end, it draws on the Group’s business units, particularly Crédit Agricole CIB Hong Kong, and first-rate local banks. With a presence in Hong Kong since 1894, Crédit Agricole CIB is one of the oldest banks in the region with a full range of market banking services, structured financing solutions and commercial banking services.
For non-banking matters, the International Desk offers the support of local law and accounting offices and its partners as well as expertise in business internationalisation.
Other Crédit Agricole business units present in Hong Kong:
For more information, see the list of the Crédit Agricole Group’s locations.
General Information
Hong Kong remains a very good entry point for penetrating the Chinese market (high-performing communication methods, qualified staff, no foreign exchange controls, transparent legal context). It is also a good basis for regional monitoring as, in addition to the quality of its port and airport infrastructure, this area has a good understanding of surrounding countries.
Hong Kong remains one of the most liberal economies in the world. Its economy is, of course, linked to that of continental China’s, and, since 2003, the CEPA agreements have exempted products manufactured in Hong Kong from Chinese customs duties, as well as a number of services.
Furthermore, Chinese regulations have been greatly simplified and Hong Kong remains the most efficient and competitive location for processing RMB offshore (CNH).
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