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Russia’s biggest bank launches financing in Chinese yuan

Russia’s largest lender, will be the first bank in the country to start issuing credit guarantees denominated in Chinese yuan. The new yuan-based letters of…

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Russia’s VTB Bank Continues International Cooperation Despite Sanctions

August 21, 2014 , , 0 Comments

VTB Bank Management Board chairman and deputy president Herbert Moos says VTB will continue to work with its foreign counterparts despite sanctions MOSCOW, August 21…

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Russian Economy Primed For Sharp Upswing In 2014

Russia’s gross domestic product slowed sharply in 2013, but economists are optimistic that the Russian economy will double its speed in 2014, according to Danske…

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