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.
Russian banks have been increasingly moving into the digital asset market despite the Bank of Russia's hostility toward crypto.
Owner of Russian bank Tinkoff acquires Swiss digital asset firm
Called “Sber — Blockchain Economy,” the ETF will trade under the ticker SBBE and track major crypto companies.
Russian bank Sber launches blockchain ETF tracking Coinbase, Galaxy Digital
Mutual funds in Russia will not be allowed to provide crypto exposure to qualified or unqualified investors.
Bank of Russia to ban mutual funds from investing in Bitcoin
State-owned bank Sber is trying to launch digital asset tools, but regulators remain skeptical about the industry.
Russia’s largest bank struggles to register its digital asset platform
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...
Russian Sberbank plans to register its digital asset tool in September
A Russian company indirectly backed by Russia's largest bank will build a crypto tracking platform as part of a $200,000 procurement contract.
Russia grants $200K to build tool for tracing crypto transactions
According to the court, Sber had no reason to keep the account service blocked after the client provided detailed information about his Bitcoin trades.
Russian court orders Sber to unblock account used for Bitcoin trading