According to people familiar with the matter, as trade ties between China and Africa become closer, the Export-Import Bank of Africa is planning to launch a $1 billion syndicated loan, which may include an offshore RMB portion. This will be the bank's first foray into the offshore RMB market. People familiar with the matter, who requested anonymity to discuss private information, said that the three-year loan will include two parts: US dollars and offshore yuan, and the exact size will be determined based on the final results of the syndicated plan. People familiar with the matter also said that Bank of China and Standard Chartered Bank will act as global coordinators for the loan arrangement.

Zhitongcaijing · 1d ago
According to people familiar with the matter, as trade ties between China and Africa become closer, the Export-Import Bank of Africa is planning to launch a $1 billion syndicated loan, which may include an offshore RMB portion. This will be the bank's first foray into the offshore RMB market. People familiar with the matter, who requested anonymity to discuss private information, said that the three-year loan will include two parts: US dollars and offshore yuan, and the exact size will be determined based on the final results of the syndicated plan. People familiar with the matter also said that Bank of China and Standard Chartered Bank will act as global coordinators for the loan arrangement.