TAIPEI, May 22 (Reuters) - British Petroleum and theEuropean Bank for Reconstruction and Development haveshown interest in raising money in Taiwan via selling yuanbonds, the over-the-counter Gretai Stock Exchange said onThursday.
The two European financial institutions expressed theirinterest during meetings with the head of the exchange inLondon, the exchange said in a statement.
Taiwan has ambitions to promote itself as an offshore yuancenter, competing with rival financial centres Hong Kong andLondon.
Bank of China, Industrial and Commercial Bank ofChina, three other major mainland banks and DeutscheBank all issued yuan-denominated bonds in Taiwan lastyear. (Reporting by Roger Tung and Faith Hung; Editing by JacquelineWong)
BP (BP.)
