Under a cooperation memorandum with Bank Indonesia on establishing renminbi clearing arrangements, the People's Bank of China has authorized the Jakarta branch of Bank of China Hong Kong Ltd. to serve as the renminbi clearing bank in Indonesia.
Central Bank of the Republic of China2026-06-26
People's Bank of China appoints Bank of China Hong Kong Jakarta Branch as Indonesia's renminbi clearing bank
The People's Bank of China has authorized the Jakarta branch of Bank of China Hong Kong Ltd. to act as Indonesia's renminbi clearing bank under its cooperation memorandum with Bank Indonesia.