Head of the Russian Federation Savings Bank: "Exploratory contacts with American partners."

On June 19th, local time, the Chairman of the Board of Directors and CEO of Sberbank of Russia, Gref, stated that in the context of improving relations between Russia and the United States, the bank is in talks with American partners, but it is only "preliminary contact" at the moment. As for specific cooperation projects, "there are currently no plans." Gref also mentioned that the overall situation of the Russian banking industry is "good" and there are currently "no signs of any banking crisis," but he admitted that annual profits will decline. In April 2022, the United States imposed comprehensive sanctions on Sberbank of Russia, freezing its assets in the US and prohibiting US citizens from engaging in financial transactions with the bank.