GLOBALink | RMB clearing bank launched in Pakistan to facilitate cross-border transactions with China-Xinhua

GLOBALink | RMB clearing bank launched in Pakistan to facilitate cross-border transactions with China

Source: Xinhua

Editor: huaxia

2023-10-29 16:46:16

The Industrial and Commercial Bank of China (ICBC) in Pakistan has opened a renminbi (RMB) clearing bank, facilitating both Pakistani and Chinese businesses and financial institutions to settle cross-border transactions and meet the financing needs of the two countries.


Produced by Xinhua Global Service

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