Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Sberbank Recognizes Potential of Bitcoins
13.12.2013 23:02
Sberbank Recognizes Potential of Bitcoins
Photo Credit: http://www.salon.com

Sberbank could issue a copycat of bitcoins in the future to keep up with the global trends, says German Gref, CEO of the country’s largest lender, says the Lenta.ru online news outlet.

      If the idea gets traction with consumers, the bank would consider issuing a new cryptic currency based on Yandex.Money.

      The service was acquired by Sberbank earlier this year from Yandex, who got $60 million for 74 percent of the service.

      Gref believes virtual currencies need regulation which will be introduced after a collapse of any of them.

      According to a survey by Google, Russians lead in the number of queries for bitcoins, followed by Estonia and the US.

      Sberbank of Russia is the largest bank in Russia and CIS. The founder and principal shareholder is the Central Bank of Russia, which owns 50 percent of the Bank's authorized capital plus 1 voting share. The rest of the shares are held by international and domestic investors. The Bank's ordinary and preferred shares have been publicly traded in Russia since 1996, and the American Depositary Shares (ADS) were listed on the London Stock Exchange, admitted to trading in Frankfurt Stock Exchange and over the counter in the US.

      For more news on Sberbank, type it in our search field in the upper right corner. If you need more information, just drop us a line. 




Author: Mikhail Vesely

Tags: Sberbank Russian banks bitcoins Yandex.Money  

Next Previous


You might also find interesting:








Comment on our site


RSS   twitter      submit



TAGS:
Russian scientists  Nail Maganov  Tula Region  Organ Music Concerts  Daniil Andreyev  Russian economy  terrorism  Ecotourism  Moscow  Death Museums  2008 August war  tours to Russia  St. Petersburg  Architecture  Russian hotels  Elections 2012  Russian Dolls   Russian women  Syria  Darwin Museum  Kirov Oblast   Launch Sites  Porcelain  Russian technologies  Russian Cinema  Museums of Russia  Russian business  politics  Leningrad Blockade  Yekaterinburg  Sviyazhsk   Mineralnye Vody Airport  Moscow chambers  Moscow actions  odd news  Sergey Revin  Mercedes-Benz Fashion Week Russia  Where to go in Russia  Russian fashion  Russian Poets  Russian science  Exhibitions in Moscow  State Russian Museum  Alexander Pushkin  Kanopus-ST  Russian tourism  Valdai national park  Old Moscow  St Petersburg  El Lisitsky  


Travel Blogs
Top Traveling Sites