Tanzania’s Stanbic Bank Launches Direct Yuan Settlement for China Trade
Tanzania · FINANCE Key Facts —Launch date: Stanbic Bank Tanzania launched the direct RMB settlement service in Dar es Salaam on Wednesday, Aug. 12, 2026. —Who can use it: Corporate, commercial, small and medium enterprise, and retail clients can pay Chinese suppliers and receive payments from Chinese buyers directly in renminbi. —Regulatory basis: The service […] The post Tanzania’s Stanbic Bank Launches Direct Yuan Settlement for China Trade appeared first on The Rio Times .
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