The Bank of China (BOC) said Thursday it has actively expanded cross-border renminbi products and services since the start of the year, and handled 22.59 trillion yuan (about 3.15 trillion U.S. dollars) of cross-border renminbi settlements in the first eight months. In breakdown, cross-border renminbi settlements by the lender's domestic branches grew by 22 percent year on year to 8.29 trillion yuan in the first eight months, while all the overseas branches of the lender handled 14.3 trillion yuan of cross-border renminbi settlements, up 4.45 percent year on year. There has been a notable increase in the cross-border ... (full story)