ZhongAn was elected as the chairperson of the Virtual Banking Committee of the Hong Kong Association of Banks and joined the digital RMB cross-border pilot
2024-05-18 04:50:14
The cooperation between HKMA (HKMA) and the People's Bank of China (PBOC) in the field of digital RMB cross-border transfer pilot has made new progress. ZhongAn Bank has announced that it has been elected as the chairperson of the Virtual Banking Committee of the Hong Kong Association of Banks for a two-year term. In addition, ZhongAn Bank has joined the digital RMB cross-border pilot. Previously, the Hong Kong Monetary Authority initiated a consultation to change the name of the "virtual bank" to "licensed digital bank". With the acceleration of connectivity in the Guangdong-Hong Kong-Macao Greater Bay Area, Hong Kong digital banks may play out the advantages of digital finance and provide efficient financial services to residents.
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