久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Economy

Kenyan bank hosts China's yuan clearing centre to spur trade

(Xinhua) Updated: 2015-07-24 07:10

NAIROBI - A Kenyan bank has opened a new branch that will host a clearing house for Chinese renminbi (RMB) that would allow the settlement of trade deals to help boost economic growth.

The National Bank of Kenya (NBK) said the Premium Branch located at an upscale shopping mall, Yaya Centre, in Nairobi, will benefit traders as it would cut the costs they incur when converting from the Kenyan shilling to the Yuan.

NBK Managing Director Munir Mohamed said during the launch on Wednesday evening that the clearing centre will accelerate trade between the two nations and ensure efficient service.

"We are approaching the issue from a holistic perspective and offering a unique service that will provide an opportunity for traders from Kenya and China to conduct business by making the Chinese currency available without intermediation," Mohamed said.

He said bilateral trade between Kenya and China which has expanded enormously requires a flawless payment system that does not have to go through another intermediary currency.

"Africa should make sure that the RMB is internationally accepted for conversion from RMB and vice versa in order to balance trade between Africa and China," Mohamed said.

Experts say the clearing house could boost trade between the two countries by easing commercial transactions as Kenyan exporters normally have payments processed through a lengthy process that involves physically sending Chinese payment cheques back to the country for clearance and payment.

However, with a clearing house, the cheques could be processed locally through an agreement between the two central banks thus expediting payments and easing the cost trade.

Mohamed said the bank has opened a Chinese Unit and hired a director in charge of Chinese business development in order to tap the growing trade that has seen Chinese nationals troop to Kenya to run businesses and work on projects funded by the Asian nation.

The move by a Kenyan bank to host the clearing centre would also enable Renminbi which is yet to gain the status of the US dollar as an international unit despite the country's huge trade portfolio, emerge as a regular common settlement currency.

Chinese business community have been trooping to Kenya in large numbers with officials from the Industrial and Commercial Bank of China (ICBC) promising the East African nation to brace itself for more investors from Beijing.

ICBC chairman Jiang Jianqing said this week that though it was the first time for the bank's top officials to visit Kenya, they were impressed by the progress going on in Kenya and pledged to bring more investors.

Experts say China has gained significance as a trade partner for Kenya as evidenced increasing Chinese imports in Kenya, noting that a Yuan clearing house would help grow Kenya's currency trading business.

Data from the Chinese embassy in Nairobi indicated that in 2014 total bilateral trade between Kenya and China reached $5.09 billion, a 53 percent increase from the previous year.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 成人牲交一极毛片 | 久久爽久久爽久久免费观看 | 亚洲国产一区二区三区在线观看 | 九九在线观看精品视频6 | 一本一道久久综合狠狠老 | 成年大片免费视频播放二级 | 欧美日韩一区二区在线视频 | 欧美巨大另类极品videohd | 伊人久久大香线焦综合四虎 | 久久福利资源国产精品999 | 香蕉国产人午夜视频在线观看 | 国内自拍在线观看 | 美女很黄很黄免费 | 成年女人毛片免费播放视频m | 纯欧美一级毛片免费 | a毛片在线 | 亚洲国产激情在线一区 | 秋霞手机入口二日韩区 | 亚洲欧洲国产成人精品 | 男女猛烈无遮掩免费视频 | 国产精品欧美亚洲韩国日本不卡 | 久久免费视频1 | 中文字幕成人 | 国产片一级aaa毛片视频 | 国产日韩欧美精品一区二区三区 | 91精品一区国产高清在线 | 成人亚洲在线观看 | 国产一级第一级毛片 | 九一国产 | 国产成 人 综合 亚洲绿色 | 国内精品久久久久久久影视麻豆 | 久爱综合| 一级大黄美女免费播放 | 精品久久久中文字幕二区 | 亚洲精品中文字幕一区在线 | 亚洲成人天堂 | 成人做爰视频www片 成人做爰视频www视频 | 国产在线观看一区 | 97成人在线| 日本老熟妇激情毛片 | av狼论坛|