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China’s CIPS to become settlement norm in Mongolia within 2 years: Golomt Bank

  • Posted on July 31, 2026
  • By South China Morning Post
  • 1 Views
  • 1 min read
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China’s CIPS to become settlement norm in Mongolia within 2 years: Golomt Bank
China’s CIPS to become settlement norm in Mongolia within 2 years: Golomt Bank

Six months after Golomt adopted the technology, 96 per cent of yuan payments moved from Swift to China’s payment system, the bank says.
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Author
South China Morning Post

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