Sberbank said that the Chinese yuan has risen to third place in terms of turnover among clients of Russia’s leading bank. Previously, the Chinese currency was inferior in popularity to the pound and franc. At the moment, the Chinese yuan in terms of turnover in Sberbank is second only to the dollar and the euro.
Buying yuan is a way to diversify your savings. Analyzing transactions and account balances. We see that 60% of customers purchase Chinese currency for this very purpose.
Director of the Borrow and Save division of Sberbank Sergey Shirokov.
Since the end of February, the volume of non-cash purchases of yuan among Sber retail customers has grown more than 10 times. By April 18, 130,000 people had bought Chinese currency at least once.
Sber clarifies that due to temporary restrictions from the Bank of Russia, it is impossible to withdraw yuan from the account in cash until September 9 this year.
Source: ixbt
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