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Standard Bank Becomes Africa’s Gateway to China’s Yuan Payments

Rio Times

BusinessRio Times·Aug 11, 2026·1 min read

Standard Bank Becomes Africa’s Gateway to China’s Yuan Payments

South Africa · Banking Key Facts —First mover: Standard Bank is the first African bank to offer access to China’s Cross-Border Interbank Payment System (CIPS), live since 20 November 2025. —Volume: It had cleared more than RMB 8 billion…

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