Sberbank, the largest bank in Russia by assets, is set to launch crypto-backed loans for corporate clients, reflecting a growing interest in the digital asset market. This move comes as the bank prepares to establish the necessary infrastructure and regulatory framework in collaboration with the Central Bank of Russia. The source reports that this initiative could significantly enhance the bank's offerings in the evolving financial landscape.
Introduction of New Lending Services
The initiative follows a successful pilot program conducted in December 2025, during which Sberbank issued a loan to a crypto mining company. This trial has paved the way for the bank to expand its lending services to other businesses that hold digital assets.
Importance of Clear Regulations
Sberbank emphasizes the importance of clear regulations to facilitate the widespread adoption of these financial services. This ensures a secure and compliant environment for corporate clients.
Recently, UBS Group AG has made notable advancements in the cryptocurrency sector, as detailed by CEO Sergio Ermotti. This initiative contrasts with Sberbank's recent move into crypto-backed loans for corporate clients. For more information, see tokenized services.
