December 2, 2013 / 7:07 AM / 4 years ago

Deutsche Boerse, Bank of China tout offshore renminbi market

FRANKFURT, Dec 2 (Reuters) - Deutsche Boerse on Monday unveiled a strategic cooperation agreement with Bank of China , the country’s fourth-biggest lender.

As part of the cooperation, the two companies plan to jointly promote the development of the offshore renminbi market in Europe, Deutsche Boerse said in a statement.

The pact should also enhance Bank of China’s access to European capital markets, it added.

Reporting by Jonathan Gould; Editing by Ludwig Burger

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