“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.