PeoplePayment Expert · 2h ago
Ecobank joins China’s CIPS for yuan settlements
By Louis Thompsett•October 12, 2026
The brief
Ecobank has agreed to join CIPS as a direct participant, following in the footsteps of Standard Bank and Bank of Kigali within the network Ecobank has agreed to join the Cross-Border Interbank Payment System (CIPS) for transactions in yuan, the group’s CEO, Jeremy Awori, told Reuters. Awori described CIPS as “a key pa…
Original report
Payment Expert
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