Standard Bank & ICBC Jointly Authorised By People’S Bank Of China To Clear Renminbi In Africa

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Standard Bank Group Ltd JSE:SBK:STANDARD BANK: CO, INDUSTRIAL AND COMMERCIAL BANK OF CHINA JOINTLY AUTHORISED BY PEOPLE’S BANK OF CHINA TO CLEAR RENMINBI IN AFRICA - STATEMENTSTANDARD BANK: CO & ICBC WILL OPERATE JOINTLY AS RENMINBI CLEARING BANK OF AFRICA WITH OPERATIONAL CAPACITY TO CLEAR RMB IN 19 AFRICAN COUNTRIES

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