Recently, Bank of China launched the tenth stop of its 2025 Global RMB Internationalization Roadshow in London, hosting a Cross-Border RMB Business Promotion Event. Over one hundred guests attended, including representatives from the People’s Bank of China London Representative Office, HM Treasury, the City of London, financial infrastructure institutions, international financial peers, and Chinese and British corporations.
Under the theme “Linking West and East”, the event featured thematic presentations that interpreted the latest policies and market trends in RMB internationalization. Bank of China showcased its cross-border RMB products and services in settlement, clearing, trading, and bond issuance, aiming to enhance understanding and acceptance of RMB products in the UK market.
A panel discussion brought together representatives from leading international financial institutions to exchange views on the feasible development paths for the RMB in the UK and Europe. The dialogue effectively help the RMB expand its breadth and depth in the international financial markets.
As a global financial center, London enjoys a highly developed financial market, a deep capital pool, and a mature and robust regulatory framework. It plays a leading role worldwide in offshore RMB business, foreign exchange trading, bond issuance, and asset management.
Established in 1929, Bank of China set up its first overseas office in London, named the "Bank of China London Agency". It was the first overseas institution established by any Chinese bank in an international financial center. Having served the UK market for nearly a century, the Bank has built strong capabilities and an excellent reputation across core business areas including GBP and RMB clearing, syndicated loans, project finance, and financial market trading.
Leveraging its global network and financial infrastructure platform, Bank of China will continue to deepen financial cooperation with partners across the UK and Europe, supporting the steady and prudent advancement of RMB internationalization, and jointly fostering an open, stable, and efficient cross-border RMB service ecosystem.
