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Citigroup Inc Extends Offshore Yuan Products, Services To Africa-DJ

Tuesday, 16 Oct 2012 04:44am EDT 

Dow Jones reported that Citigroup Inc has expanded its offering for offshore Chinese yuan products and services into Nigeria, South Africa, Kenya, Cameroon and Zambia. The bank now offers accounts denominated in renminbi, payments and collections capabilities, trade services and financing, foreign exchange transactions, hedging solutions and custody services. 

Company Quote

-0.52 -1.08%
12:04pm EDT