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: 国产亚洲欧美日韩国产片 | 亚洲天堂男人的天堂 | 可以免费看黄的网站 | 第一色网站 | 免费无毒 | 久久久久久91精品色婷婷 | 美女一丝不佳一级毛片香蕉 | 毛片在线免费观看网站 | 亚洲男同视频网站 | 韩日黄色| 99久久精品免费国产一区二区三区 | 亚洲国产精品一区二区第四页 | 欧美人成毛片在线播放 | 国产一区日韩二区欧美三 | 男女朋友做爽爽爽免费视频网 | 99九九精品国产高清自在线 | 古代级a毛片在线 | 国产成人综合日韩精品婷婷九月 | 免费看一片 | 91亚洲综合| 香蕉毛片a | 男女男在线精品网站免费观看 | 欧美一级鲁丝片免费看 | 日本三级香港三级乳网址 | 黄色一级片网址 | 国产精品免费看久久久香蕉 | 能在线观看的一区二区三区 | 毛片免费视频观看 | 国产区91 | 成人性视频免费网站 | 成人a毛片在线看免费全部播放 | 天天躁日日躁狠狠躁一级毛片 | 欧美亚洲国产激情一区二区 | 性欧美欧美巨大69 | 成人免费看www网址入口 | 国产在线91精品入口首页 | 欧美一级久久久久久久久大 | 日本乱理伦中文三区 | 成人国产一区二区三区 | 欧美成人午夜免费完成 | 国产精品一级 |