Oct 082015
The Industrial and Commercial Bank of China (ICBC) Singapore completed its first clearing of 35 million yuan via the Cross-border Interbank Payment System (CIPS) on Thursday as a major step to internationalize its currency.
The Industrial and Commercial Bank of China (ICBC) Singapore completed its first clearing of 35 million yuan via the Cross-border Interbank Payment System (CIPS) on Thursday as a major step to internationalize its currency.