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.
Sberbank has applied with the Central Bank of Russia to launch a blockchain platform for its “Sbercoin” stablecoin.
Top Russian bank Sberbank plans to launch its stablecoin by spring 2021
Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency.
Russian central bank opposes ruble-pegged stablecoins
With new legislation on digital assets coming into effect in a month, Russian financial institutions are looking to act.
Russia's Sberbank plans release of its own crypto token, the 'Sbercoin'
Russian enterprises get deeper into blockchain.
Russia’s Sberbank and S7 Airlines to sell flight tickets for tokens
Shortly after Russia’s president, Vladimir Putin, signed the country’s recent cryptocurrency law, the country’s largest bank voiced its considerations.
Russia’s Biggest Bank Considers Launching Its Own Stablecoin
Russia’s biggest bank is spending more than $100 million on 5,000 blockchain enabled ATMs ... that are capable of mining cryptocurrency.
Russia’s Biggest Bank Is Buying 5,000 Blockchain ATMs That Can Mine Crypto
Russia’s largest bank, the state-owned Sberbank, has pioneered a blockchain solution for repurchase agreements — also known as repo.
Sberbank Patents Blockchain Repo Solution in a Purported First for Russia Banks