Reuters logo
Taiwan c.bank: Bank of China hopes to begin RMB clearing business
December 12, 2012 / 1:46 AM / 5 years ago

Taiwan c.bank: Bank of China hopes to begin RMB clearing business

TAIPEI, Dec 12 (Reuters) - Taiwan’s central bank chief Perng Fai-nan said on Wednesday that Bank of China hopes its Taipei branch will open yuan clearing business in Taiwan in a month.

He made the comments in a parliamentary session a day after the Chinese bank was appointed as the clearing bank for yuan transactions in Taiwan.. China’s yuan currency is also known as the renminbi. (Reporting by Jeanny Kao; Writing by Faith Hung; Editing by Jacqueline Wong)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below