One of the largest banks in Russia has launched a new service for its corporate clients. Now clients will have the opportunity to open and maintain their bank accounts in foreign currencies. The new service will be available within 4 months from the date of account opening. The offer will be especially beneficial to those companies, which enter into international trade. As there are always some fluctuations in the exchange rates, customers will have a chance to protect their capital. The new service will increase the inflow of business customers, which will positively affect the shares’ price.
The news has positively influenced the value of Sberbank shares, which has increased by 0.60%. Traders have a good chance to earn money on a further growth. Trading will be available during the European session, from 6:30 to 14:30 GMT time.
The news is only for informational purposes and cannot be construed as an offer or indication of the commission of certain transactions in the financial and commodity markets.