RMB Market Insights RMB is definitively growing… + 143% in payments volume + 251% in payments value + 8 positions as world payments currency (most notably passing NZD and already in 2013 RUB) RMB Since Jan 2012 + 24% Countries with in/out payments (90) + 59% Financial Institutions (1096) Payments value (MT103 and MT202 excl. COV) weight Source: SWIFT Watch 2 … in SWIFT Business Intelligence offering as well Monthly RMB Tracker Monthly reporting and statistics on renminbi (RMB) progress towards becoming an international currency Public (for free) RMB Market Insights . SWIFT customers (payable offers) BI Engagements - Customised RMB Analyses The Quarterly RMB Tracker, providing market data, can be extended to provide business insights on RMB activity to build TRUST and INTIMACY with the specific business lines Thought Leadership Learn how SWIFT can support or engage with the Industry on several aspects relative to the RMB internationalisation through White papers, conferences, articles, and much more. Public (for free) 3 You wonder what are the most recent trends in RMB? The RMB Market Insights is your best source of information !! Quarterly in-depth analyses into the SWIFT monthly RMB transactions Excludes the traffic of Central Banks Last 5 quarters in volume and value by market 13 tables and 19 charts on: All markets (Payments, Trade Finance, Forex and Securities) Currencies rank and evolution RMB transactions by country RMB transactions by message type 4 RMB’s activity share per market Graph extract RMB Activity share evolution % activity share* 0.8 0.7 0.6 Number of transactions 0.5 0.4 0.3 0.2 0.1 0.0 Jan 12 Feb 12 Mar 12 Apr 12 May 12 Jun 12 Jul 12 Aug 12 Sept 12 Oct 12 Nov 12 Dec 12 Jan 13 Feb 13 Mar 13 Payments Securities Trade Finance Treasury % activity share Transaction value 11 10 9 8 7 6 5 4 3 2 1 0 Jan 12 Feb 12 Mar 12 Apr 12 May 12 Jun 12 Jul 12 Aug 12 Sept 12 Oct 12 Nov 12 Dec 12 Jan 13 Feb 13 Mar 13 RMB’s position per market Table extract RMB’s position in Payments 6 Graph extract RMB’s evolution with Hong Kong & China Hong Kong RMB sent and received in Payments China Sent 220,000 Other countries 200,000 180,000 74,446 160,000 59,228 140,000 49,561 100,000 80,000 60,000 40,000 38,620 34,892 120,000 24,789 3,497 67,007 28,222 4,591 84,682 4,792 30,943 38,988 42,495 4,574 5,009 101,728 92,898 93,728 May 12 Jun 12 Jul 12 5,013 5,462 48,667 4,517 51,682 48,134 5,078 4,282 49,192 4,947 5,035 53,980 7,014 4,689 3,922 98,538 78,176 106,993 100,694 93,749 Aug 12 Sept 12 Oct 12 108,378 102,322 Nov 12 Dec 12 116,361 128,164 96,698 20,000 0 Jan 12 Feb 12 Mar 12 Apr 12 Jan 13 Feb 13 Mar 13 Received 220,000 200,000 36,309 180,000 25,836 160,000 140,000 120,000 13,280 7,844 100,000 80,000 40,000 14,337 8,162 11,564 6,992 60,000 76,737 96,371 17,872 10,337 15,922 8,890 113,410 17,271 9,442 18,745 9,883 117,152 109,747 112,604 May 12 Jun 12 Jul 12 90,542 21,877 11,314 21,331 9,780 20,725 9,686 128,825 122,767 115,754 Aug 12 Sept 12 Oct 12 21,785 10,515 22,133 9,568 132,838 124,848 Nov 12 Dec 12 10,155 16,233 24,866 10,326 157,082 144,545 120,175 20,000 0 Jan 12 Feb 12 Mar 12 Apr 12 Jan 13 Feb 13 Mar 13 Top 20 countries sending & receiving RMB per market Table extract RMB sent and received in Payments 8 Main RMB currency pairs CNY Buying 34 currencies CNY - USD CNY - EUR CNY - JPY CNY - HKD CNY - GBP CNY - RUB CNY - AUD CNY - CAD CNY - CHF CNY - MYR CNY - SGD CNY - PLN CNY - THB CNY - SEK CNY - MOP CNY - ZAR CNY - NZD CNY - VND CNY - CNY CNY - DKK CNY - CZK CNY - NOK CNY - MXN CNY - IDR CNY - ILS CNY - HUF CNY - TRY CNY - LAK CNY - UAH CNY - KRW CNY - INR CNY - KZT CNY - IRR CNY - BRL Grand Total # Messages sent Total # Cumulative Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Messages sent share 245,884 269,143 267,984 269,722 323,702 1,376,435 91.1% 8,182 9,329 10,663 10,632 12,433 51,239 94.5% 5,660 6,564 10,612 10,494 12,962 46,292 97.6% 2,698 2,780 3,399 4,156 3,812 16,845 98.7% 642 542 811 851 993 3,839 99.0% 319 464 641 790 769 2,983 99.2% 485 744 721 704 831 3,485 99.4% 599 573 433 494 459 2,558 99.6% 251 259 326 385 569 1,790 99.7% 85 138 216 276 245 960 99.8% 185 231 244 222 284 1,166 99.8% 47 64 137 101 125 474 99.9% 306 31 112 87 64 600 99.9% 53 80 97 82 93 405 99.9% 70 41 26 65 74 276 100.0% 12 18 31 53 36 150 100.0% 63 70 73 45 49 300 100.0% 5 45 26 76 100.0% 6 8 25 16 55 100.0% 7 3 9 17 20 56 100.0% 1 6 1 8 100.0% 5 3 3 3 4 18 100.0% 1 1 100.0% 6 2 2 1 11 22 100.0% 1 1 100.0% 2 2 100.0% 1 1 100.0% 1 1 100.0% 3 2 1 6 100.0% 6 3 9 100.0% 1 1 100.0% 1 1 100.0% 24 24 100.0% 1 1 2 100.0% 265,600 291,091 296,595 299,239 357,556 1,510,081 100% Table extract 91% against USD RMB transactions by message type 10 Want to know more? SWIFT enables YOU to gain unique insights at any time on the RMB progresses in becoming an international currency: - Market intelligence - Your financial institution activity - Your activity share and/or peer benchmark Key resources for more information: - swiftforbanks@swift.com - Business Intelligence solutions Business Intelligence Transaction Banking #SWIFTBI 11 Thank you 12