Teller Report

Sberbank hopes to open a branch in China by the end of 2023

12/26/2022, 2:58:24 PM

Sberbank hopes to open a branch in China by the end of 2023. This was stated by the first deputy chairman of the credit institution Alexander Vedyakhin.


“I hope that by the end of 2023 we will be able to open a branch in China,” RIA Novosti quotes him.

According to him, now the bank is actively communicating with the Central Bank of China.

Earlier, Russian President Vladimir Putin called for a switch to settlements in national currencies in trade with China and Mongolia.

According to a survey conducted by the research center of the Chinese newspaper Global Times, more than 58% of the Chinese called relations with Moscow a priority in Beijing's foreign policy.