Deutsche Bank appointed as RMB Clearing Bank for Europe

Disruption Banking
Deutsche Bank appointed as RMB Clearing Bank for Europe

First bank in Europe to receive the designation, strengthening China-Europe financial connectivity Deutsche Bank announced that it has been appointed by the People’s Bank of China to serve as a Renminbi (RMB) clearing bank for Europe in Frankfurt. Deutsche Bank will facilitate direct end-to-end processing, clearing and settlement services for cross-border RMB transactions for European financial institutions

Artykuł Deutsche Bank appointed as RMB Clearing Bank for Europe pochodzi z serwisu Disruption Banking.