Russia's Sberbank CIB becomes member of Shanghai Gold Exchange

Sberbank (Switzerland) AG has been granted international membership of the Shanghai Gold Exchange (SGE), a global centre for the physical trade of gold, silver and other precious metals;

The membership gives Sberbank CIB direct access to the Chinese gold market;

"The membership will open the opportunity for us to participate in a greater capacity as a supplier to the world's largest consumer of gold."

Russia's Sberbank CIB becomes member of Shanghai Gold Exchange