New Delhi/ Moscow: Russia’s biggest bank Sberbank on Thursday announced a major makeover to transform itself into a technology giant with the launch of a host of products and services in the digital space which will be first rolled out in its home market and taken abroad later, including to India.
However, the expansion would depend on the success of the new offerings in Russia and on regulatory and other compliance requirements in foreign countries.
The new offerings announced by Sberbank include SmartMarket platform, which will be available for external partners for creating apps on the lines of Apple’s AppStore and Google Play; virtual assistant Salute; TV streaming device SberBox; and SberPortal, Russia’s first multimedia smart display device that will go on sale in late 2020.
It also launched SberPrime that will offer subscriptions for films, TV series and songs…