Lavrov, Kerry discuss militants’ withdrawal from Aleppo — Russian foreign ministryRussian Politics & Diplomacy December 08, 21:00
Lavrov: Combat actions in Aleppo suspended to take civilians out of cityRussian Politics & Diplomacy December 08, 20:56
Bach says WADA to play part in deciding on 2021 IBU World Championship in RussiaSport December 08, 20:44
Gazprom signs contract for construction of Turkish Stream’s first line with AllseasBusiness & Economy December 08, 20:03
Russian Energy Ministry confirms non-OPEC countries meeting date as December 10 in ViennaBusiness & Economy December 08, 19:59
IOC chief Bach urges personal approach system to fight doping abuse in sportsSport December 08, 19:51
Deripaska’s suit against Montenegro falls under investment protection pact — CEACBusiness & Economy December 08, 19:35
Putin says Moscow will never accept West’s position on death of Russian medics in SyriaRussian Politics & Diplomacy December 08, 18:44
Court postpones trial of FAS fine against Google until January 17Business & Economy December 08, 18:42
WASHINGTON, October 12. /TASS/. Japanese bank holding company Mitsubishi UFJ Financial Group, one of the largest banks in Japan and the whole world, intends firmly to continue its operation in Russia, this bank’s President and CEO Noboyuki Hirano told TASS on Saturday at a conference which the Institute of International Finance, main lobbyist organisation of global private banking and financial business, organised in Washington D.C.
Meanwhile, he warned that in current conditions when the West had imposed sanctions on Russia amid the current crisis in Ukraine his company’s possibilities to develop Russian segment of business were limited.
This was earlier stated at the forum that sanctions had put up not only obstacles, but also favourable possibilities for investment. But in reply to such suggestion Hirano just said, “We need to comply with all the regulatory requirements. It's such a multi-faceted regulatory regime that's imposed on us.”
The Japanese company has an affiliate in Russian capital Moscow and an office in the city of St. Petersburg, the bank’s president said. “Certainly we'll stay there....,” Hirano said, naming the whole scope of leading Japanese industrial concerns currently operating in Russia. He added that the bank would keep working with Russian clients.
“We have nothing we can do except to maintain business as usual /as much/ as possible,” the Japanese financier said, noting that “But we cannot develop our business as we expected.