Deutsche Börse and CCB Enter Into Strategic Partnership

Deutsche Börse Group and China Construction Bank (CCB) have entered into a strategic partnership.

Under the agreement, DBAG and CCB will undertake a joint analysis of the potential for cooperation along the entire value chain in their respective geographical markets. Deutsche Börse and CCB are looking to collaborate in the post-trade and custody areas. Other potential formats include the expansion of CCB business activities in the European Union, for example through trading and clearing membership in Xetra, Eurex and Eurex Clearing.

Another focus will be joint development of the offshore renminbi market in Germany as well as in Europe as a whole.

CCB said the partnership would allow both institutions to contribute significantly to the further internationalisation of the renminbi as a key global currency.

“We regard this new strategic partnership agreed today with China
Construction Bank as an important extension of our Asian strategy. We are delighted to bring in our Group-wide expertise and capacity to offer top-quality China-related products and services in increasingly globalised markets,” said Reto Francioni, CEO of Deutsche Börse.