BEIJING, April 16 (Xinhuanet) -- Bank of China (BoC) has made special policies toward Malaysia to support the offshore center building in Kuala Lumpur, said BoC president Chen Siqing lately.
The banker promised to build BoC in Malaysia a RMB clearing center serving the ASEAN to provide convenient service for enterprises, individuals and financial institutions in the regions, adding that BoC will promote RMB-Ringgit direct transaction.
BoC will support Malaysia’s input in resource, construction of China-Malaysia Qinzhou Industrial Park and Malaysia-China Kuantan Industrial Park through trade settlement, financing and risk aversion services, he added.
