Search Results for: Bank of China
Former Bank of China President says digital Yuan can replace cash
May 7th, 2020
Former Bank of China President, Li Lihui, has revealed the launch of the digital yuan is imminent, and that the currency can replace cash if four key conditions are met. The central bank digital yuan is currently in the ...
UnionPay International and Bank of China jointly issued the first Travel Europe Themed UnionPay credit card
November 21st, 2016
On November 21, UnionPay International and Bank of China (BOC) jointly announced their joint issuance of the first Europe version of the Travel Mate. China UnionPay credit card. This is the first Travel Europe themed UnionPay credit card issued ...
ICE informs that the Industrial and Commercial Bank of China approved to participate in IBA’s gold auction
April 13th, 2016
Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that the Industrial and Commercial Bank of China (ICBC) has been approved by ICE Benchmark Administration (IBA) ...
Deutsche Bank and Bank of China implement interbank host-to-host platform for Bosch China
March 16th, 2016
Deutsche Bank and Bank of China today announced the implementation of an interbank host-to-host platform between the two banks to provide cash management services to Bosch China. With this solution, Deutsche Bank has become the first foreign bank in ...
On the signing of the Memorandum of Understanding on Cooperation between the Central Bank of the Russian Federation and the People’s Bank of China
December 21st, 2015
Heads of governments of Russia and China during their 20th Meeting, held in Beijing on December 17, 2015, welcomed the signing of the Memorandum of Understanding by Governor of the Bank of Russia, Ms. Elvira Nabiullina, and Governor of ...
ECB and the People’s Bank of China successfully test bilateral currency swap arrangement
November 27th, 2015
The European Central Bank (ECB) and the People’s Bank China (PBC) successfully test their bilateral currency swap arrangement The tests serve to confirm operational readiness and are not a precursor to activation of a swap Swap arrangement contributes to ...
ICE Benchmark Administration Announces Bank of China as a Direct Participant to the Gold Auction
June 17th, 2015
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced that Bank of China has been approved by ICE Benchmark Administration (IBA) to participate in the gold auction which is used to determine the ...
Bilateral Local Currency Swap Agreement with the People’s Bank of China
April 8th, 2015
The Reserve Bank of Australia has signed a new bilateral local currency swap agreement with the People’s Bank of China (PBC). The agreement, which can be activated by either party, allows for the exchange of local currencies between the ...
Moscow Exchange Signs Cooperation Agreement with Bank of China
October 13th, 2014
Moscow Exchange and Bank of China have signed a cooperation agreement aimed at expanding collaboration between the Russian and Chinese financial markets. Bank of China President Chen Siqing and Moscow Exchange CEO Alexander Afanasiev signed the agreement during an ...
China Said to Probe Alleged Bank of China Money Laundering
July 10th, 2014
China’s central bank and currency regulator are investigating a state media report that alleged Bank of China Ltd. broke rules on transferring money overseas, two government officials familiar with the matter said. The probe focuses on whether Bank of ...
