Moscow disappointed over new US sanctions against Russian companies - Foreign MinistryRussian Politics & Diplomacy March 26, 1:28
US sanctions 8 Russian companies over non-proliferation lawWorld March 25, 21:53
Russia's Defense Ministry says US-led coalition unlikely to launch battle for Raqqa soonRussian Politics & Diplomacy March 25, 19:06
Russia cuts oil production by 185,000 barrels per day as of today — energy ministerBusiness & Economy March 25, 18:30
OPEC has no objections to speed of Russia's oil production cutsBusiness & Economy March 25, 12:38
Opposition leader Vladimir Neklyayev detained in Belarus - news agency directorWorld March 25, 5:33
Russia submits amicus curiae brief to US Supreme CourtRussian Politics & Diplomacy March 25, 3:34
Russia, China suggest for UN SC to adopt resolution on chemical terrorism threatRussian Politics & Diplomacy March 25, 3:23
Russian lawmaker compares European Union to Soviet UnionRussian Politics & Diplomacy March 25, 3:16
TOKYO, September 15 (Itar-Tass) —— One of the leading banks in Japan Mizuho Corporate announced on Friday that it had concluded an agreement with Sberbank, which is first of all aimed at financing of Japanese investment projects in Russia. This undertaking, as a report of the corporation issued in Tokyo says, will most widely service Japanese clients beginning their activity in Russia.
“The agreement,” the document says, “is first of all aimed at cooperation in financial support of Japan’s firms in Russia.” The question is, in particular, of organizing for them a system of money transfers in roubles, financing trade and investment operations.
As the Toyo press reported, Mizuho would also like to get an access to the clients’ network of Sberbank - - the Russian biggest bank. The corporation plans to acquaint Japanese companies, which are interested in purchasing assets in Russia or creating joint ventures there, with these data. At present, about 300 firms from Japan are working in Russia already.
Mizuho Corporate is working in Russia since January 2008 when it bought a unit of the regional bank Minooka - - the pioneer of Japan’s financial business in the Russian market - - set up there back in 1999. Two other bank giants of Japan - - Tokyo-Mitsubishi UFJ and Sumitomo-Mitsui also have their daughter companies in Russia.