Chouzhou Commercial, a major Chinese bank, has stopped dealings with Russia due to possible US sanctions. In our conversation with the following person on this subject: “Lentoy.ru” State Duma deputy Artem Kiryanov said:
Formerly Chouzhou Commercial Bank reported About the suspension of customers’ transactions with the Russian Federation and Belarus. The bank has stopped making payments via SWIFT, SPFS and CIPS. According to Kiryanov, this decision is connected with the threat of secondary sanctions.
“We will monitor the development of the situation,” the MP said.
He said that Chouzhou Commercial Bank may leave, but other banks will emerge to support Russia’s trade.
February 1 Turkish banks started Accounts of Russian companies were closed and conditions were tightened for individuals planning to open cards from Russia. Officials of the countries took office as of February 5 to dispute Establishment of a Russian-Turkish bank to resolve transaction-related issues.
Previously in the Kremlin commented The situation regarding the problems of companies in settlements with China.