青岛银行举行CIPS直参启动会

Core Viewpoint - Qingdao Bank is enhancing its cross-border financial services and supporting foreign trade development through the launch of the CIPS direct access system, aiming to facilitate local brands' global expansion [1][3]. Group 1: International Business Development - As of November 18, 2025, Qingdao Bank's international business scale is set to exceed $20 billion, representing a 40% year-on-year growth, serving over 5,000 enterprises [3]. - The cross-border RMB settlement volume has surpassed 50 billion yuan, with a year-on-year increase of 52% [3]. Group 2: CIPS Direct Access Launch - The CIPS system, approved by the People's Bank of China, provides secure, efficient, and low-cost cross-border payment services, marking a significant upgrade in Qingdao Bank's cross-border RMB service capabilities [3][4]. - Qingdao Bank is the first legal entity bank in Shandong to obtain direct access to the CIPS system, enabling point-to-point, real-time cross-border RMB clearing [3][4]. Group 3: Collaborative Support and Future Plans - The event received strong support from CIPS, government, and regulatory bodies, with participation from over ten domestic and foreign financial institutions and more than fifty key enterprises [6]. - Qingdao Bank plans to optimize its cross-border financial products and services using the CIPS system, aiming to contribute to the internationalization of the RMB and a new high-level opening-up framework [6].