African Export-Import Bank Mulls First Offshore Yuan Loan | Black Bird Media billion syndicated loan that could include an offshore yuan tranche, according to people familiar with the matter, in what would be its first foray into the offshore renminbi market amid growing China-Africa trade ties.">

money · · Source: Bloomberg

African Export-Import Bank Mulls First Offshore Yuan Loan

African Export-Import Bank is planning a $1 billion syndicated loan that could include an offshore yuan tranche, according to people familiar with the matter, in what would be its first foray into the offshore renminbi market amid growing China-Africa trade ties.

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