OREANDA-NEWS. January 22, 2013. "The internationalization of the RMB is inevitable and we are getting prepared for new opportunities arise from the RMB as an international trade currency, said Philippe Lelarge, Head of Commercial & Personal Banking at Societe Generale China, reported the press-centre of Societe Generale.

China is pushing ahead financial reforms to allow adequate financial services for its corporates as they venture to overseas markets.

Foreign banks like Societe Generale have global network advantages over domestic peers, are gearing up to the new business opportunities that are emerging from the trend.