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Russian Banks RSK and KICB Expand Correspondent Accounts in Euro and Dollars

in Economy / Kyrgyzstan - by


In April, "RSK Bank" will open a correspondent account in euros, while KICB will do so in dollars. This information was disclosed by a high-ranking official from the president's administration during a closed briefing. The names of the correspondent banks were not revealed. The official only mentioned that commercial banks would soon introduce their new partners themselves.

"This is a concentrated effort of the state. It will continue to expand the network of correspondent accounts and conduct verifications. Because de facto, we are already under sanctions," emphasized the official.