A branch of Harbin Bank in Dalian in  northeastern China’s Liaoning province on 22 August 2013. Photo: Imaginechina
A branch of Harbin Bank in Dalian in northeastern China’s Liaoning province on 22 August 2013. Photo: Imaginechina

Russia sanction: China’s small banks come under scrutiny for their support of Moscow amid US, EU financial hurdles

  • Small banks that don’t have any international business exposure are likely to keep financing Russia and service payments
  • China’s biggest lenders are already showing signs of complying with US and European sanctions in a bid to protect their large international footprints

A branch of Harbin Bank in Dalian in  northeastern China’s Liaoning province on 22 August 2013. Photo: Imaginechina
A branch of Harbin Bank in Dalian in northeastern China’s Liaoning province on 22 August 2013. Photo: Imaginechina
READ FULL ARTICLE