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Investment

CBA granted renminbi licence

Commonwealth Bank has been granted a renminbi (RMB) licence for its Shanghai Branch by the China Banking Regulatory Commission (CBRC).

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Read more: CBAShanghai BranchBeijingAustraliaInvestmentChina Banking Regulatory CommissionCBRCCommonwealth BankAustralia-China corridorChina RMB settlement platformCommBiz Markets platformFTZJames RickwardPudong DistrictSangeeta VenkatesanShanghai Free Trade Zone