Sberbank mobile app opens up to retail investment market

Source: Sberbank

Sberbank CIB, the corporate and investment banking business of Sberbank, has presented a new service for the private investment of the bank’s mobile app, Sberbank Online.

Previously, Sberbank’s investment products and an opportunity to make investments in the securities have been available only for professional players of the financial market, clients of Sberbank CIB. The creation of new service of Sberbank Online allows all retail clients to receive easy and secure mean to make investment in a wide range of financial tools, including stocks, bonds and investment ideas, selected by Sberbank’s analysts.

The new service extends the possibilities of personal investments of Sberbank’s clients and makes the investment process easier and more user-friendly for those who had no experience of investing in the securities.

To start investing, you need to download Sberbank Online, open brokerage account and individual investment account (you can find them in Investment section of iOS app and Other Bank’s Offers section of Android app). The opening of the account is free and takes no longer than two working days.

Senior Vice President, Head of Sberbank CIB Igor Bulantsev:

“We have created this service to provide to Russia retail investors in Russia the access to easy, user-friendly and well-designed financial tools that doesn’t concede and sometimes even exceed similar solutions by more developed world financial systems. Sberbank Online provides new possibilities for the Russians to make investments, and we are sure that the new service will be popular among our clients who want to go beyond standard banking products, but at the same time has the same level of reliability to which they get accustomed, using Sberbank’s services.”
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