Russian space budget may grow this yearScience & Space May 26, 20:48
Moscow hopes London High Court will deliver judgement on Ukraine’s debt to Russia soonBusiness & Economy May 26, 20:21
Hungarian top diplomat: EU must discuss anti-Russian sanctionsWorld May 26, 19:56
Russian, French top diplomats discuss preparations for Putin’s visit to FranceRussian Politics & Diplomacy May 26, 19:47
Moscow comments on Tallinn’s move to expel Russian diplomatsRussian Politics & Diplomacy May 26, 19:43
WADA: Legendary Isinbayeva suits role of ambassador for clean sports in RussiaSport May 26, 19:33
Russia working on advanced air defense systemMilitary & Defense May 26, 19:17
WADA receives Russia’s new national anti-doping planSport May 26, 19:14
Moldova’s ruling pro-European coalition breaks upWorld May 26, 19:12
MOSCOW, December 11 (Itar-Tass) - Russian Sberbank will cooperate with Chinese banks in transactions in Russia’s and China’s national currencies, according to the agreement between Sberbank and the Bank of Beijing, Harbin Bank and Industrial Bank.
The parties have agreed to interact in trade and export finance and corresponding relations, transactions in global capital markets, and investment banking services to each other’s customers, the bank’s report says.
The bank’s major clients are operating in China, head of Sberbank’s Financial Institutions Division Alexander Dementyev said.
“China is a significant region financially for us,” he said. “Transactions, both passive and active, with our partners, Chinese financial institutions, have already amounted to billions of dollars.