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Business & Finance

Reuters exclusively reports Russia’s Sberbank to expand in logistics in e-commerce push

Russia’s biggest bank Sberbank plans to expand its logistic business across the world’s largest country as it seeks to capitalize on a booming e-commerce market, Chief Financial Officer Alexandra Buriko told Reuters. As banking margins shrink, Sberbank is expanding in areas ranging from food delivery and taxi services to cloud computing and cybersecurity as it tries to tap into what it calls the broader ecosystems of its financial services customers. 

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & Finance
Regions: Europe
Countries: Russia
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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