Sberbank mentioned that special attention is paid to working with Chinese business

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Sber pays special attention to working with Chinese business and supports both Chinese companies localized in the Russian Federation and Russia’s business projects with China, Sber said in an interview with the agency. xinhua Anatoly Popov, Deputy Chairman of the Board of Directors of Sberbank of Russia, on the sidelines of the Eastern Economic Forum (EEF).

According to Popov, Sber’s customer base currently consists of about 7.4 thousand established companies with Chinese participation. The total portfolio of projects planned in Russia with Chinese capital exceeds 2 trillion rubles, and this is not the limit.

Deputy chairman of the board of directors of Sberbank believes that the Russian market is a unique opportunity for Chinese brands to occupy their own niche. He stated that both material goods and direct investment from China are welcomed at the government and business level in Russia. According to Popov, Chinese companies operating in Russia are helping to modernize the real sector, transferring technology and making many consumer products available, successfully replacing the departing Western brands.

According to the financier, the Far East is an attractive development area for Chinese businesses and a convenient entry point into the foreign market. He said there is a large amount of Chinese business in container shipping and construction in the region.

Anatoly Popov, deputy chairman of the board of directors, said that Sber has developed a comprehensive portfolio of banking support to support entrepreneurs from China, combining basic financing instruments, main lending modes, investment loan programs and various types of factoring in the company’s business activities. From Sberbank.

Earlier, Sberbank’s president German Gref said that China could serve Russia. potential sample In the field of tourism development.

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