Rosbank supported Russian-Chinese partnership

    10 April

The 7th International conference “Russia-China: main trends of financial relations-2018” took place in the Moscow Exchange building. More than 150 people, among which were the representatives of main organizations of the Russian financial market, Chinese financial companies, and representatives of scientific and business community took part in the event. The main aim of the conference is a strengthening of the collaboration between Russian and Chinese banks, exchange houses, financial and insurance organizations, payment systems and rating agencies. Rosbank was a strategic partner of the event.

Rosbank was represented by Francois Rozycki, Senior Vice-President of Corporate Business Direction, and Andrey Kozlov, curator of Rosbank China Desk. Francois Rozycki spoke about the experience in supporting Chinese business in Russia by international banks. He also drew participants’ attention to the fact that despite a number of negative factors Russian economy performed an exceptional sustainability and it has stable growth perspective at the moment.

Further on, Andrey Kozlov spoke about large projects that are conducted by Chinese investors in Russian territory, namely Amursky gas processing plant, high-speed railway from Moscow to Kazan, the purchase and development of Voentorg building, the building of Huaming business center in Moscow and some sections of Moscow Metro.

Then Francois Rozycki presented the special Rosbank products and services that are most in demand by Chinese corporate clients such as bank guarantees for major projects, salary projects for expats, consultations on currency control, special solutions for financing, issuing of ruble bonds, conversion and international transfers in Asian currencies.

In conclusion, Francois noticed that Russia and China are important markets for Societe Generale Group. Rosbank has quite a number of competitive advantages in the business with Chinese clients. First, it is a decent reputation and a high reliability of the bank: Rosbank was included in the list of 11 systemically important credit organizations of Russia and in March 2018 it was chosen as the most reliable Russian bank according to Forbes journal. The bank also manages a high expertise in the field of the business with international clients, has personalized solutions and an opportunity to speak with clients on their mother tongue.