.jpg&c=1&h=180&q=80&v=20260922&w=320 "Ant International raises $1.2bn in Series A financing")
Malaysia's CIMB qualifies as CIPS participant
The bank said connectivity to China’s cross-border payment system will support more efficient Renminbi settlement.
CIMB Bank has become the first Malaysian lender to obtain direct participation qualification for China’s Cross-Border Interbank Payment System (CIPS). The move will strengthen its ability to process Renminbi transactions between China, Malaysia and other Asean markets.
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