The People's Bank of China has authorised Bank of China Limited's Colombo Branch to act as the renminbi (RMB) clearing bank in Sri Lanka under its cooperation memorandum with the Central Bank of Sri Lanka.
Central Bank of the Republic of China 2026-02-26
People's Bank of China authorises Bank of China Colombo Branch as Sri Lanka's renminbi clearing bank
The People's Bank of China has designated Bank of China Limited's Colombo Branch as the renminbi clearing bank in Sri Lanka, following a cooperation memorandum with the Central Bank of Sri Lanka.