Sberbank’s Ural branch now handles hryvnias, yuans, and yens

17 July 2007 (07:42)

Sberbank of Russia’s Ural branch handles more foreign currencies now: one can, for example, sell or buy RMB (Chinese yuans) or Japanese yens at the bank’s headquarters at 11 Moskovskaya St., Yekaterinburg. Yens are also dealt with in the bank’s offices at 1 Vainer St. and 4 Yasnaya St. Sberbank sells and buys Ukrainian hryvnias in eight of its Yekaterinburg-based offices located in different parts of the city (including the one at 11 Moskovskaya St.. 68 Lenin St., and 43 Chernyakhovskiy St.).

‘What is more, the number of offices dealing in Swiss francs, Canadian dollars, and Czech korunas has greatly increased lately: there are fifteen of them in Yekaterinburg and twenty in the entire region at the moment,’ the bank’s press release states.

According to the bank’s Exchange Transactions Director Sergey Bobryashov, they started buying and selling Ukrainian hryvnias, Chinese yuans renminbi, Japanese yens, Czech korunas, Canadian dollars, Swiss francs and the pound sterling since the customers’ demand for these currencies proved to be ever-increasing.

The pound sterling and the Czech koruna are estimated to be Russia’s third most popular foreign currencies, only outstripped by the good old U.S. dollar and euro, the bank’s press officer reports.


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