JSC VTB Bank Shanghai Branch
is a Chinese branch of VTB Bank
, a leading Russian financial group. It is the first branch of a Russian bank having a financial services license on the territory of the People's Republic of China. In November 2010, the Branch was assigned a RUB/CNY market-maker status in China Foreign Exchange Trade System. The main tasks of JSC VTB Bank branch in China are maintenance of commodity circulation between Russia and China as well as foreign trade operations of Russian companies developing their business in China and Chinese companies operating in the Russian market.
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ID: 1622. Updated: 23.03.2016
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