RENMINBI, YUAN The renminbi (literally people's currency) is the legal tender in the mainland of the People's Republic of China. It is issued by the People's Bank of China (PBOC, central bank). The official abbreviation is CNY, although also commonly abbreviated as RMB.
You can come to the UK with a Tier 2 (General) visa for a maximum of 5 years and 14 days, or the time given on your certificate of sponsorship plus 1 month, whichever is shorter.
DEFINITION of 'Tier 2 Capital'. One of two categories by which a bank's capital is divided. Tier 2 capital is supplementary bank capital that includes items such as revaluation reserves, undisclosed reserves, hybrid instruments and subordinated term debt.omponents of Tier 2 Capital can be split into two levels: upper and lower. Upper Tier 2 maintains characteristics of being perpetual, senior to preferred capital and equity; having deferrable and cumulative coupons; and its interest and principal can be written down.