[Russian Foreign Trade Bank: 2024 RMB will account for half of Russian foreign exchange savings] June 14, Anatoly ∙ Pechatnikov, vice chairman of the board of directors of the Russian Foreign Trade Bank (VTB), told reporters during the 2023 St. Petersburg International Economic Forum that the RMB savings portfolio of Russian banks will double this year to 88 billion yuan by the end of 2024. The renminbi will account for more than 45 per cent of foreign currency deposits.