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UBB’s operations with Chinese yuans incite the interest of business clients
12 January 2015
UBB’s business clients actively utilize the opportunity to operate in Chinese yuans (CNY), offered by the bank for more than six months already.
The above fact is indicated in the observations of experts in the financial institution, who explain that owing to this service UBB clients can open accounts in the Chinese currency, as well as perform all types of electronic transactions in yuans.
Transactions in yuans are especially useful to entrepreneurs, importing Chinese goods and aiming at more precise FX risk management while improving their commercial terms with their Chinese counterparties.
