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Hiking Group piloted RMB cross-border settlement.
Time:2011-04-14 19:42:00    From:
On June 23, the cross-border RMB settlement was officially launched, Keeroyal Co and Genfont Co of our group successfully completed the first cross-border RMB settlements via ICBC Qingdao Branch and CITIC Bank Qingdao Branch, which is the first transaction of this kind of these two banks. On December 7, 2939 enterprises that were recommended by Qingdao Commerce Bureau were jointly approved by the People’s Bank of China, the Ministry of Finance, the Ministry of Commerce, the General Administration of Customs, State Administration of Taxation and China Banking Regulatory Commission, and 15 enterprises from Hiking Group were on the list.