Russian banks offer high-interest RMB
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Russian banks offer high-interest RMB
Russia TodaySLOTXORussian Baccarat Online is a popular casino game all over the world. All online casino websites must also offer baccarat card games. Offering attractive wages for baccarat cards in different betting formats The important thing is that each service provider has different capabilities. It makes the online baccarat cards that generate interest more attractive to play. state media reported on March 13 that the Russian bank Vetebe (VTB – ВТБ) owned by the government Offers bank customers the opportunity to open a savings account in Chinese RMB with interest rates up to 8%.
It is reported that current customers can open a deposit account through Wetebe Online with a minimum amount of 100 yuan (16 USD). Customers can make a minimum deposit of 500 yuan.
The bank stated that The latest offer will be the most profitable alternative to deposits in other foreign currencies. As of today, the annual return on 3-month deposits is 8% in dollars and 7% in euros.
Meanwhile, six-month deposits in ruble currently yield 21% annually, Vetebe Bank said. in the past week Customers invest more than trillions of rubles ($15 billion) in traditional savings products.
Russian financial institutions are still under increasing pressure. In the wake of war-related sanctions in Ukraine, banks have turned to China to start using UnionPay for credit cards after Visa and Mastercard announced they were suspending operations in Russia.
“Some Russian banks do not have access to other currencies, so the yuan might be the best alternative,” said Khoon Goh, head of Asia research at Australia & New Zealand Banking Group. with an interview with Bloomberg
“Even so The easiest way for Russia to raise the yuan is to receive it through trading. And Russian bank customers who are exporters can sell to China and receive money in yuan,” said Kun Goh. |
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