According to Goldman Sachs’ analyses, the current value of Sberbank's non-financial ecosystem is estimated at $17.6 billion (1.13 trillion rubles).
Analysts predict that the online market for digital non-financial segments in Russia will increase three-fold compared to 2020 and reach $163.4 billion (12 trillion rubles). Sberbank targets this market through 40 companies and 20 applications of its ecosystem. The main driver of growth for the company's non-financial services will be e-commerce, analysts note.
According to Goldman Sachs estimates, the ecosystem amounts to 10% of the bank's total share value.
Since the beginning of the year, Sberbank has invested around $1 billion in non-financial business companies. In the next three years, the company will allocate $4-4.7 billion (300-350 billion rubles) to develop its non-financial products.
The Central Bank of the Russian Federation