The People's Bank of China (PBOC) announced that, in accordance with the Memorandum of Understanding between the PBOC and the Bundesbank, it has decided to authorize Deutsche Bank AG to serve as the RMB clearing bank in Frankfurt.

2026-08-10

The People's Bank of China (PBOC) announced that, in accordance with the Memorandum of Understanding between the PBOC and the Bundesbank, it has decided to authorize Deutsche Bank AG to serve as the RMB clearing bank in Frankfurt.