FINANCE

CCB to set up non-major currencies exchange centre

Recently, the China Construction Bank (CCB) Cross-Border Collaboration Services Promotion cum China Con-struction Bank Pan-Asia Cross-Border Financial Centre opening ceremony was held in Kunming. The event represents a bid to build the CCB’s Yunnan branch into a non-major currencies exchange centre for neighbouring countries.

The CCB officially entered inter-national business in 1988. To date, it has established more than 140 overseas institutions in 26 countries and regions. Now a multi-regional, multi-currency 24-hour global financial services net-work system is taking shape. With its cross-border RMB settlement network covering eleven banks in Vietnam, Myanmar, Thailand and Malaysia, the CCB’s Yunnan branch has become the leading commercial bank in the prov-ince, carrying out cooperation with the most number of overseas banks in the largest number of countries.

FINANCE

CCB to set up non-major currencies exchange centre

Recently, the China Construction Bank (CCB) Cross-Border Collaboration Services Promotion cum China Con-struction Bank Pan-Asia Cross-Border Financial Centre opening ceremony was held in Kunming. The event represents a bid to build the CCBs Yunnan branch into a non-major currencies exchange centre for neighbouring countries. The CCB officially entered inter-national business in 1988. To date, ithas established more than 140 overseas institutions in 26 countries and regions. Now a multi-regional, multi-currency 24-hour global financial services net-work system is taking shape. With its cross-border RMB settlement network covering eleven banks in Vietnam, Myanmar, Thailand and Malaysia, the CCBs Yunnan branch has become the leading commercial bank in the prov-ince, carrying out cooperation with the most number of overseas banks in the largest number of countries.