Standard Bank Lesotho expands global transactions

The Standard Lesotho Bank's Cross Border Interbank Payment System has taken a major leap, becoming Lesotho's pioneering capability that facilitates direct Renminbi (RMB) transactions between Africa and China.

The system enables participating financial institutions to process RMB payments more efficiently, securely and transparently.

SABC NEWS Correspondent in Lesotho, Rapelang Radebe reports.

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