Transcript Evgeny Kravchenko

Experience of a Russian bank in
collaboration with Chinese partners
Evgeny Kravchenko
Head of Export Finance
29th January 2015
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Chinese Economy Facts 2014
The largest GDP (by Purchasing Power Parity)
Chinese share in global export (12,2%)
China is the largest netto-importer of oil
Economy growth (even at its slowdown)
Annual Inflation Rate
Annual growth of Chinese banking system
Direct Foreign Investments into China
Geopolitical strategy of China
Rank of RMB as World Trade Currency
Foreign Trade
2
Increasing role of RMB
RMB share in Chinese
foreign trade
2010:
2013:
RMB rank as global
payment currency
2012:
2014:
Utilisation of RMB by
global companies
6м 2014:
2015:
FX market (options)
2012: rapid growth
2013:
RMB as a reserve
currency
2012: mainly
2014: >40 Central
Banks use
(forecast)
2013:
companies in 2014:
in Germany
Germany
in France
in Hong Kong
volume
increase
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Footprints of Sino-Russian collaboration
Government
Business
• “Overwhelming and strategic
partnership and collaboration” Shanghai, May 2014
• $400 bln gas contract
• Sino-Russian investment
cooperation committee
• CNY150 bn Direct Swap Agreement
between Central Banks
• New Double Taxation Treaty
• RMB & HKD liquidity pools by key
Russian corporates
• RMB payments for oil
• Russian infrastructure projects in
RMB
• Corporate and FI borrowings from
Chinese partners
• China to “provide assistance within
its capabilities to overcome Russian
economical difficulties”
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Signings at APEC Summit
• Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific Rim member economies
that seeks to promote free trade and economic cooperation throughout the Asia-Pacific region
• The APEC China 2014 was the 26th annual gathering of APEC leaders. Held in Beijing on
November 2014
• 17 contracts signed between Russian and Chinese institutions including 5 agreements of
Sberbank
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Sberbank’s Achievements with Chinese Partners
December 2014
18 November 2014
9 November 2014
First drawdown of CNY from Mainland China
First LC financed in CNY
APEC Summit: agreements for > $4.5 bn signed
2013 - 2014
Transactions with Chinese entities (both borrowing and lending)
March 2013
Establishment of dedicated teams for Chinese business
January 2013
December 2012
2011
First bilateral borrowing from a Chinese bank
First Sinosure-backed transaction
Establishment of Representative office in Beijing
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Contact Details
Trade Finance and Correspondent Banking
Evgeny Kaplin
Managing Director, Senior Banker
Tel.: +7 495 913 1654
[email protected]
Evgeny Kravchenko
Head of Export Finance
Tel.: +7 495 957 5502
[email protected]
Yulia Chernina
Senior Manager, China Coverage
Tel.: +7 495 957 5502
[email protected]
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