Category: Sberbank

Russia’s Sberbank Uses Smart Contract to Settle Three-Way Repo Deal

State-owned Russian bank Sberbank has completed a repurchase agreement, or repo, using blockchain technology. The bank announced Thursday that, with participation…

Russia: Sberbank and Interros Group Conclude Blockchain-Based Foreign Exchange Repo Deal

Sberbank and Interros Group have carried out an over-the-counter OTC foreign exchange repurchase agreement (repo) transaction employing smart contracts on…

Russia: Sberbank CEO Says Industrial Scale Blockchain Adoption Is 1-2 Years Away

The head of major state-owned Russian bank Sberbank has forecast that blockchain adoption will happen on an industrial scale in…

Russia: CEO of Banking Giant Sberbank Says Blockchain Tech Will Be ‘Ready’ in 3-5 Years

Herman Gref, CEO of state-owned Sberbank – Russia’s largest banking conglomerate – believes that global governments won’t “let go” of…

Russia: Sberbank to Consult Power Giant Rosseti on Blockchain in Tech Exchange Deal

Russia’s largest majority state-owned bank Sberbank has signed a partnership agreement with state-owned power giant Rosseti to propagate new technologies,…

Head of Russia’s Top Bank: the State Will Keep ‘Centralized Role’ in Money Emission

The CEO of Russia’s largest state bank Sberbank, Herman Gref said he could not yet foresee governments “yielding their centralized…

Two Major Russian Banks to Offer Crypto-Based Fund for Retail Investors

Two of Russia’s largest banks are testing cryptocurrency-based investment options for retail investors, local news media out Kommersant reported June…

Russia’s Largest Banks Are Piloting Bitcoin and Crypto Portfolios

Two of Russia's largest banks are piloting cryptocurrency portfolios for their private clients, the Kommersant newspaper reported Friday. Under the…

Sberbank Buys Commercial Bonds Issued Over Blockchain Platform

Russian bank Sberbank CIB and telecoms firm MTS have conducted what they say is the country's first commercial bond transaction…

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