Friday, 14 August 2026 · World
USD/EUR 0.8671 USD/GBP 0.7413 USD/JPY 159.4 USD/CNY 6.757 All rates →
RSS
EUROS The World Financial Report
Nº 34 Friday, 14 August 2026 · World Edition
LATEST
Emerging Markets

Tanzania’s Stanbic Bank Launches Direct Yuan Settlement for China Trade

The Rio Times · 2h ago · 🇧🇷 Brazil
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 .

Read the full story at The Rio Times →