Sberbank moves toward crypto-backed lending as Russia readies regulation
Russia’s largest bank, Sberbank, is moving toward offering loans secured by cryptocurrency and said Friday it is prepared…
Russia’s Sberbank offers custody services for Russian crypto assets
MOSCOW (Reuters) -Russia’s largest lender Sberbank wants to offer custody services for Russian cryptocurrency assets, the state-owned bank…
Sberbank CEO Warns High Rates and Strong Ruble Creating ‘Perfect Storm’ for Russian Economy
Sberbank CEO German Gref warned Friday that a combination of high interest rates and an overvalued ruble was…
Russia’s Largest Banks Face Sharp Rise in Loan Defaults
Russia’s two largest lenders, Sberbank and VTB, reported a sharp increase in delinquencies on mortgage and unsecured consumer…