BOC International Holdings Limited and SGX

Under the framework for collaboration signed today, BOCI and SGX will provide customers with greater access to growth opportunities in China and S' pore markets, through joint marketing.

This is BOCI&rsquo s first comprehensive collaboration inked with an exchange, and will see BOCI take up SGX memberships and market making arrangements.

Ms Li Tong, CEO of BOCI, said, &ldquo BOCI is largest overseas Chinese investment bank and BOC&rsquo s flagship investment banking platform. With subsidiaries in S' pore, London, New York, Beijing and Shanghai, we have established an extensive network covering major global capital markets. Integrated with BOC global network, BOCI strives to provide full range of investment banking services to clients onshore and offshore.

Today&rsquo s signing event ushers in a new era of collaboration between BOCI and SGX. We' ll further extend our cooperation in capital markets and assist Chinese enterprises going global, thereby creating multi-win situations.&rdquo

Mr Chew Sutat, Executive Vice President of SGX, said, &ldquo We look forward to expanding our partnership with Bank of China and BOCI to provide global investors with more RMB-denominated products and services. S' pore is a key offshore RMB centre and today&rsquo s announcement reinforces SGX&rsquo s commitment to strengthen the connectivity between China and S' pore.&rdquo

About BOC

BOC is the only bank in China that has been in business for over 100 years. It is a highly internationalized, diversified commercial bank, and the only Chinese bank that was included into the group of Global Systemically Important Banks for 4 continuous years. Bank of China is also the only bank in China that was included into the Global 500 for 26 continuous years.

About BOCI

BOCI is Bank of China&rsquo s flagship investment banking platform, a wholly owned subsidiary of the Group. It provides customers with a comprehensive range of premium investment products and services, covering IPOs, bond issuance, securities brokerage, financial advisory services, private banking, asset management, global commodities, derivatives, M & A, etc.

http://www.sgx.com/wps/wcm/connect/sgx_en/home/higlights/news_releases/BOC-BOCI-SGX-expand-collaboration-on-Renminbi-and-market-developments

Singapore Exchange (SGX), Bank of China (BOC) and BOC International Holdings Limited (BOCI) are extending their collaboration on Renminbi (RMB) initiatives and embarking on joint activities that will contribute to the growth of both financial markets. The respective framework for collaboration were signed today in Singapore and witnessed by Mr Chen Siqing, President of BOC and Mr Magnus Bö cker, CEO of SGX in Singapore.

Bank of China and SGX

The collaboration is an extension of BOC and SGX&rsquo s Memorandum of Understanding (MOU) first signed in 2013, which will increase their cooperation to strengthen the RMB infrastructure in both markets. This will include more RMB-denominated products and solutions, such as the development of RMB-denominated commodities and derivatives contracts, as well as enhancing RMB clearing and settlement services. BOC is SGX&rsquo s first Chinese settlement bank for its derivatives market and a pioneer market maker for SGX&rsquo s RMB currency futures. Since the launch in October 2014, SGX RMB futures has successfully traded a total notional value of 35 billion yuan.