Sberbank, Russia’s largest lender, is rapidly turning itself into a technology giant. Once the country-wide controller of Russia’s savings offices, the bank dates back to the 19th century. While still majority state-owned, little of the lender’s past remains thanks to ambitious reforms and the management’s embrace of technology.
With a year to go before the end of its 2014-18 Development Strategy, Sberbank is working on a new three-year corporate strategy focused on transforming the business into Russia’s largest fintech operation.
