(Source: http://vestikavkaza.ru/material/159806)

Sberbank will become one of the most competitive digital companies in the world in 2018. This was stated by the Head of the credit organization German Gref at a meeting with the Russian President Vladimir Putin on Monday, August 7, as the Kremlin’s press service reported.

According to him, the creation of an IT system in the largest Russian bank was launched two and a half years ago, this system will make it possible to work in various areas and bring new products to the market within weeks. Now only two banks in the world are actively engaged in this - Sberbank and the Spanish BBVA bank, as Gref noted.

By the end of 2018 Sberbank will have created a new banking platform. Then, during another two to three years, all applications to it will be replaced, as the Head of Sberbank explained.

“If everything goes well and in 2018 we finish the creation of the platform, I think that we will be one of the most competitive companies at the world market of digital companies” - Gref said.