Jakarta, March 16th, 2015 – The use of Renminbi (“RMB”) for international transactions increased significantly and achieved USD 1.63 Trillion in 2014. This condition drives Bank ICBC Indonesia to conduct a RMB Socialization Seminar with the theme “Opportunities for Indonesia” on Monday, March 16th, 2015 in Jakarta.

The socialization aims to give an understanding to customers and the Bank’s partners regarding RMB development and its benefits to investors, traders, and also Indonesia’s Government.

“We have seen a huge increase of RMB usage for payment transactions  all over the world, in line with the growth of China’s economy. This condition becomes a good signal for RMB usage in international trade,” said Shen Xiaoqi, President Director of Bank ICBC Indonesia.

The increase of billateral cooperation between Indonesia and China  in various aspects can also provide an opportunity for Bank ICBC Indonesia to increase RMB-based banking products.