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Chairman Tian Guoli of Bank of China Limited led a delegation to visit Luxembourg on 27th and 28th June, and held meetings with senior government officials including Minister Frieden of Luxembourg’s Finance Minister, Governor Reinesch of Central Bank of Luxembourg and Director General of Commission de Surveillance du Secteur Financier (CSSF) regarding cross-border RMB businesses and the Luxembourg Offshore RMB Centre. During these meetings, Bank of China shared its ambition with officials to become the first Luxembourg RMB clearing bank, providing full support to the development of RMB businesses in Luxembourg. At the same time, the Luxembourg officials complimented Bank of China for its pro-active effort in connection with the setting-up of the Luxembourg Offshore RMB Centre.
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