Chinese banks sharply increasing market share in Russia – FT ...News

Russia Today - Economy
Chinese banks sharply increasing market share in Russia – FT
Western lenders that exited the country are being replaced, according to the report China’s exposure to the Russian banking sector quadrupled in the 14 months up through March of this year, while Western institutions pulled back their operations in the country, the Financial Times reported on Sunday, citing data by the Kiev School of Economics. According to the outlet, the Industrial and Commercial Bank of China, Bank of China, China Construction Bank and Agricultural Bank of China boosted their combined exposure to Russia from $2.2 billion to $9.7 billion during that period. At the same time, the overall propor

Hence then, the article about chinese banks sharply increasing market share in russia ft was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Chinese banks sharply increasing market share in Russia – FT )

Apple Storegoogle play

Last updated :

Also on site :