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Deutsche Bank Becomes First European Bank With Renminbi Clearing License
Deutsche Bank is the first European financial institution authorized to clear and settle transactions in the Chinese currency. Until now, this service has been provided by branches of Chinese banks – in Switzerland by China Construction Bank.
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global.chinadaily.com.cn
China's central bank authorizes Deutsche Bank as RMB clearing bank
China's central bank authorizes Deutsche Bank as RMB clearing bank
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cryptobriefing.com
Deutsche Bank appointed as RMB clearing bank for Europe, expanding China's currency reach
PBOC authorizes Deutsche Bank as RMB clearing bank in Frankfurt, expanding China's yuan infrastructure in Europe alongside the Bank of China.
