Sberbank has resumed settlements in yuan, said the head of the credit organization Herman Gref during a business breakfast at SPIEF-2022. This is reported by RBC.

“I will not discuss all the details now, we really had about a week stopped settlements, now they are restored for all categories of customers,” – said Gref later, during a briefing.

Sberbank stopped conducting settlements in yuan on June 7. The press service of the organization reported that the measure affected “corporate clients – participants of foreign economic activity, conducting settlements in Chinese yuan”. The Frank Media portal, citing Sberbank (MCX:SBER) call-center operators, said at the time that settlements were suspended “due to the policy of the correspondent bank”.