Abstract : The People's Bank of China (PBOC), the country's central bank, announced on Monday that it has decided to authorize Deutsche Bank to serve as the RMB clearing bank in Frankfurt, Germany.
BEIJING, Aug. 10 (Xinhua) -- The People's Bank of China (PBOC), the country's central bank, announced on Monday that it has decided to authorize Deutsche Bank to serve as the RMB clearing bank in Frankfurt, Germany.
The decision was made in accordance with a memorandum of understanding between the PBOC and the Deutsche Bank, the central bank said.
You have no permission, please apply to open itYou have no permission, please apply to open it.
A single purchase
This is paid content
Click below to buy
Buy a single article, unlock more content
Scan the QR code and push it to your mobile phone
You've accessed an article available only to subscribers
Keyword:
Deutsche Bank
RMB clearing bank