All news

Russia considers options for opening banks in Africa — diplomat

"This depends not only on Russia, but also on the interest of African partners, as well as legal features, the national regulatory framework," Maria Zakharova pointed out

ST. PETERSBURG, June 7. /TASS/. Russia is interested in opening representative offices of Russian banks in Africa, official spokeswoman of the Russian Foreign Ministry Maria Zakharova said at the sidelines of the St. Petersburg International Economic Forum (SPIEF).

"As for the opening of representative offices of Russian banks in African countries, we do not rule out this option. This depends not only on Russia, but also on the interest of African partners, as well as legal features, the national regulatory framework. We are interested in it and we will interact with those African countries that also have a mutual interest in this," she said.

The St. Petersburg International Economic Forum (SPIEF) is held on June 5-8. This year’s theme will be "The Formation of New Areas of Growth as the Cornerstone of a Multipolar World." Scheduled events include meetings for small and medium-sized businesses, creative industries, the SPIEF Youth Day, as well as the Drug Security, SPIEF Academy and SPIEF Junior forums. SPIEF is organized by the Roscongress Foundation. TASS is the information partner of the event.