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Bulgaria starts to offer opening of Chinese RMB accounts

Xinhua, January 9, 2015 Adjust font size:

Postbank has launched for the first time on the Bulgarian market the trading and servicing of accounts in Chinese RMB, the bank has said in a press release on its website.

"Since the middle of last year, we have observed an increased interest of our clients in the Chinese market and this interest continues to grow," the bank said.

As a leading financial institution, Postbank has decided to expand the list of supported currencies and become the first bank in the country that offers trading and servicing of accounts in Chinese RMB for the needs of its current and future customers, the press release said.

According to its website, Postbank, a member of Eurobank Group, commands a market share of nearly 10 percent, with a workforce of 2,400 employees and a branch network of over 180 locations in Bulgaria. Endit