Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

This text is translated into Russian by google automatic human level neural machine.
EastRussia is not responsible for any mistakes in the translated text. Sorry for the inconvinience.
Please refer to the text in Russian as a source.

VTB plans to increase business volumes in Asia

In the presence of the President of the Russian Federation Vladimir Putin and the Chairman of the People’s Republic of China, Xi Jinping, a cooperation agreement was signed between VTB Bank and Bank of China. In accordance with the terms of the agreement, the parties plan to develop partnerships in various areas of interbank cooperation. In particular, the document provides for interaction between the parties in the area of ​​settlements using national currencies, investment banking, interbank lending, trade financing and operations in the capital markets.

The document was signed by Vasily Titov, First Deputy President - Chairman of the Management Board of VTB Bank, and Chen Xitin, President of Bank of China.

Vasily Titov noted: "The signing of this agreement underlines the desire of VTB Group to increase the volume of business in Asia, and also creates favorable conditions for the further growth of trade and economic relations between Russia and China, which are traditionally reliable partners."

April 14: current information on coronavirus in the Far East
Digest of regional events and latest statistics