In February 2019, six financial institutions including ING BANK,N.V.were admitted as CIPS Indirect Participants. Their CIPS Codes came into effect on February 25, 2019 and their business relationships of direct and indirect participants came into effect on February 26, 2019.
There are six new indirect participants, among which three are located in Mainland China and three are located outside.
As of February 26, 2019, the total amount of CIPS Indirect Participants has reached 824 , among which 630 participants are from Asia (including 352 Chinese mainland indirect participants), 104 are from Europe, 31 are from Africa, 25 are from North America, 17 are from Oceania and 17 are from South America, covering 89 countries and regions around the world.