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ICBC Brazil Handles the First Cross-Border RMB Settlement Business, Marking New Progress in Dedollarisation Process

  • Apr 26, 2023, at 1:45 pm
It is learned from Industrial and Commercial Bank of China (Brazil) Co., Ltd. (hereinafter referred to as "ICBC Brazil") that ICBC Brazil has successfully handled the first cross-border RMB settlement business, marking that the bank has made substantial progress in cross-border RMB business in the Brazilian market .
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