Sberbank’s tech push shows Russia’s growing reliance on its top bank


Source: reuters.com reuters.com

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[1/4] A logo is on display in the office of Sberbank, Russia's state-owned dominant lender and one of the country's leading technology players, in Moscow, Russia, March 28, 2023. REUTERS/Maxim Shemetov Summary Summary Companies This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, May 4 (Reuters) - Already Russia's dominant lender, state-owned Sberbank has become one of the country's leading technology players, taking on an increasingly important role as sanctions and exiting rivals create gaps only a handful of firms can fill. Once a Soviet savings behemoth, Sberbank's image has gradually...