人民银行授权阿联酋人民币清算行

Core Viewpoint - The People's Bank of China has authorized Abu Dhabi First Bank to act as the Renminbi clearing bank in the UAE, as per the memorandum of cooperation between the People's Bank of China and the Central Bank of the UAE [1] Group 1 - The announcement was made on October 28, indicating a significant step in enhancing financial cooperation between China and the UAE [1] - The establishment of a Renminbi clearing bank in the UAE is expected to facilitate trade and investment between the two countries [1]