BOC authorized as RMB clearing bank in Frankfurt2014-06-20
China's central bank announced on Thursday that it has authorized the Bank of China (BOC), one of China's big-four banks, to be the clearing bank for renminbi (RMB) business in Frankfurt.

Yuan-pound trading begins2014-06-19
China will allow its currency to be directly traded against the British pound from Thursday, the central bank said, as the country keeps up efforts to boost the yuan's role in international finance and trading.

Yuan-denominated green bond debuts in London2014-06-19
The first-ever yuan-denominated green bond was issued on Tuesday by International Finance Corp in London, marking a further step forward in the internationalization of China's currency.

CCB authorized to be RMB clearing bank in London2014-06-18
The People's Bank of China(PBoC)announced on Wednesday morning that the China Construction Bank(CCB)will become a clearing bank of the RMB business in London.

LSEG, Bank of China sign MOU to consolidate RMB business ties2014-06-18
London Stock Exchange Group(LSEG)Tuesday announced that it has signed a memorandum of understanding(MoU)with the Bank of China(BoC)in order to form a strategic partnership to expand each company's access to Britain.

Yuan gets boost from London partnership2014-06-18
The London Stock Exchange Group(LSEG)signed agreements with two Chinese State-owned banks on Tuesday to boost offshore yuan trading in the UK.

Ghana's central bank to encourage use of Chinese yuan2014-06-14
Ghana's central bank said on Friday it was collaborating with banks to encourage the use of currencies of trading partners, such as the Chinese yuan, as settlement currency.

More banks participate in cross-border RMB solutions2014-06-10
Ming Yong, a Chinese construction contractor, knows well the problems of not being able to use yuan in cross-border settlements.

Offshore yuan loans set for rapid growth2014-06-03
Hong Kong's yuan loans market is set to strengthen with the Chinese currency trapped in its longest downtrend since its 2005 revaluation and as the mainland rolls out pilot schemes to boost cross-border lending activities.

Renminbi clearing bank to open in London2014-06-02
News came as an endorsement for London's efforts to become an offshore yuan center. Other European financial centers in the race to become a yuan center include Frankfurt, Paris, and Switzerland.

Top banker recommends yuan in Ghana's forex market2014-05-28
A top African regional banking official has recommended the introduction of the Chinese currency, yuan into the Ghanaian foreign exchange market.

BOC aims for yuan clearing dominance in Europe2014-05-28
The Frankfurt branch of Bank of China Ltd is hiring around 20 employees and increasing its equity by 1 billion yuan($160 million)to become the first bank in the 18-nation eu ro area to clear payments in the Chinese currency.

HK bourse to sell RMB products2014-05-23
The stock exchange in Hong Kong will introduce yuan-denominated debt and currency products that the onshore market doesn't have, Chief Executive of HK Exchanges and Clearing Ltd Charles Li said on Thursday.

Commerzbank sees more opportunities with nation's reforms, yuan internationalization2014-05-22
Commerzbank, Germany's second-largest bank by assets, sees growing business opportunities from China's further financial reform of exchange rate liberalization and internationalization of the yuan.