Uganda: Stanbic Uganda Launches Direct Yuan Payment System to Boost Trade With China

Дата публикации: 07-08-2026 11:56:42

[Independent (Kampala)] Kampala -- Stanbic Bank Uganda has become the first financial institution in the country to integrate with China's Cross-Border Interbank Payment System (CIPS), a move expected to simplify cross-border transactions, reduce foreign exchange risks and strengthen trade between Uganda and China.

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