News
As the largest banking and financial institution in Russia and one of the world’s biggest public companies, Sber’s move into digital assets is a significant one.
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Sberbank News
Sberbank (formerly known as Sberbank of Russia) is a Russian state-owned bank founded in 1991 and headquartered in Moscow. Sberbank is the largest bank in Russia and Eastern Europe with total assets of $390 billion, three hundred thousand employees and about seventy thousand offices. Sberbank has an international presence in Germany, the United States, India, China and many other countries. Sberbank online is considered to be one of the best online banking services in Russia. Sberbank has a strong investor relations department that publishes annual reports about Sberbank’s clients, financial performance and strategies. Sberbank also publishes monthly investor presentations about its efficiency, profitability, forecasts and important events. Herman Gref — CEO of Sberbank is a blockchain and cryptocurrency enthusiast and has plans of implementing those technologies into the banking system.
- News
A Russian company indirectly backed by Russia's largest bank will build a crypto tracking platform as part of a $200,000 procurement contract.
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According to the court, Sber had no reason to keep the account service blocked after the client provided detailed information about his Bitcoin trades.
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A new project in Russia aims to enable secure storage of inherited digital possessions like Bitcoin using a cloud-based service of state-owned Sberbank.
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Top Russian bankers cite their reasons for not liking Bitcoin after Tinkoff's CEO said that the central bank was stopping it from offering crypto trading services.
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Sberbank has applied with the Central Bank of Russia to launch a blockchain platform for its “Sbercoin” stablecoin.
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Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency.
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With new legislation on digital assets coming into effect in a month, Russian financial institutions are looking to act.
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Russian enterprises get deeper into blockchain.
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Shortly after Russia’s president, Vladimir Putin, signed the country’s recent cryptocurrency law, the country’s largest bank voiced its considerations.
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Russia’s biggest bank is spending more than $100 million on 5,000 blockchain enabled ATMs ... that are capable of mining cryptocurrency.
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Russia’s largest bank, the state-owned Sberbank, has pioneered a blockchain solution for repurchase agreements — also known as repo.
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Russia’s state-owned Sberbank suspended a crypto initiative due to the negative stance of the central bank.
2752 - Analysis
As Coinbase and Poloniex open up dedicated investor accounts and Russia’s state-owned bank conducts a large over-the-counter transaction, OTC trading takes center stage in attracting institutional investors
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Interros Group and Sberbank in partnership have carried out an OTC foreign exchange repo deal on blockchain.
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