Sberbank on Tuesday said it would lower interest rates on loans linked to environmental, social and governance projects to encourage companies to move towards carbon neutrality, counting on Russia's ...

ST PETERSBURG (Reuters) -Russia's largest lender, Sberbank, plans to unveil a version of its Gigachat large language model (LLM) with reasoning capabilities, First Deputy CEO Alexander Vedyakhin told ...

Inspired by prior experience being locked out of Western banking systems, the Russian bank’s defensive initiatives are paying off. More than three months into the war in Ukraine, the European ...

Sberbank said Wednesday it is withdrawing from Europe, where its subsidiaries faced an "exceptional outflow of funds." The ECB ordered Russia's largest lender to close the businesses due to the risk ...

Sberbank, the largest bank in Russia, has launched a new structured bond that ties investor returns to the performance of Bitcoin and the U.S. dollar-to-ruble exchange rate. This new financial product ...

Russia’s largest bank avoided being removed from Swift but was sanctioned directly by the US and UK governments and undermined by sanctions targeting Russia's central bank. Fortunately for Sberbank, ...

Russia's Sberbank more than doubled net profit in the first quarter of 2021 as provisions against bad loans shrank, prompting the state-run bank to lift its profitability forecast. MOSCOW, April 29 ...