MINUTES
About Minutes
Back to latest

EconomyUp to 70% of Russia’s import payments handled outside banking system through intermediaries

Russian companies route as much as 60-70% of import payments outside the banking system through intermediaries, Russian Union of Industrialists and Entrepreneurs Vice President Alexander Murychev said at a forum in St. Petersburg. He said businesses need a systemic solution and cited domestic payment infrastructure and barter arrangements among the priorities.

Russiaimport paymentspayment intermediariescross-border settlements

TTASS★★★☆☆2026-10-22 18:49Original

Up to 70% of Russia’s import payments handled outside banking system through intermediaries
Economy