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Letzte Aktualisierung: March 8, 2022

SAFE concerned about the risk Russia poses to banks

Western sanctions against Russia following the country's attack on Ukraine have also drawn the attention of Chinese authorities. The State Administration of Foreign Exchange has asked banks about potential burdens from the Russia-Ukraine crisis, several insiders told Reuters on Monday. The question concerned business with Russian financial institutions and the handling of risks, people familiar with the matter said.
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