Under the Memorandum of Understanding on cooperation between the People's Bank of China and the Central Bank of Turkey, the People's Bank of China has authorised Industrial and Commercial Bank of China (Turkey) to serve as the renminbi clearing bank in Turkey.
Central Bank of the Republic of China 2025-06-24
People's Bank of China authorises Industrial and Commercial Bank of China Turkey as Turkey's renminbi clearing bank
The People's Bank of China has authorized the Industrial and Commercial Bank of China (Turkey) as the renminbi clearing bank in Turkey under a Memorandum of Understanding with the Central Bank of Turkey.