China Grants BNP Paribas Custodian License for Foreign Investor Scheme

09 August, 2021

France’s BNP Paribas has been granted a license to provide custodian services for China’s qualified foreign institutional investor (QFII) scheme, the bank said. The scheme is one of the main channels used by foreign investors to buy Chinese stocks and bonds according to a story in Reuters news.

Eduard Kotlyar