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Sberbank became the organizer of the Russian-Chinese financial forum
Sberbank of Russia organized the Russian-Chinese financial forum within the framework of the EXPO in Harbin, the press service of the bank reported.
The representative of Sberbank of Russia in China, S. Tsyplakov, said in his speech that the Chinese financial market plays an important role in the international strategy of Sberbank of Russia, and in this regard, Sberbank regards the Forum as a significant step in its work to find an effective business model in the Chinese market.
From the Chinese side, representatives of the top management of the largest Chinese banks, including the Bank of China, Torgo, made presentations at the forumIndustrial Bank of China, Agricultural Bank of China, Construction Bank of China, Development Bank of China, Bank of Harbin, Sinoshur Export Credit Insurance Company. In total, 18 Chinese commercial banks from Heilongjiang, Jilin, Liaoning, Inner Mongolia AO, Guangdong Province, Shanghai City took part in the Forum.
As part of the event, the participants discussed the expansion of the scale of trade financing, the increase in the volume of settlements in national currencies, the role of banks in implementing investment cooperation between enterprises and companies of the two countries.