Bank of China (Hong Kong) expands renminbi settlement

HONG KONG – Bank of China (Hong Kong) has extended the list of clearing and settlement partners for renminbi trades in the Association of South-east Asian Nations (Asean) and related regions and countries, the bank said last Tuesday (November 24).

The newly joined renminbi participating banks in Asean countries include Bank Central Asia, Bank of China Bangkok branch, Bank of China Manila branch, Bank of China Jakarta branch, Bank of China Singapore branch and Bank of China (Malaysia) Berhad.

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