Sberbank’s digital lending portfolio for medium and large enterprises, powered by artificial intelligence, has surpassed 1 trillion rubles. This milestone was highlighted by Anatoly Popov, Deputy Chairman of the Board of Directors, during the VIII Eastern Economic Forum. The streamer across the enterprise segment shows how far AI-enabled credit solutions have evolved in the Russian market, presenting a clearer path for businesses seeking faster access to capital.
According to Popov, the volume of online loan and guarantee offers for medium and large enterprises has surged this year, more than doubling from the start of the year and reaching over 22,000 available options. He emphasized that the acceleration is driven by a scalable digital lending process that reduces friction and speeds up financing for entrepreneurs and established companies alike.
The executive noted that the ongoing digitalization of credit workflows streamlines underwriting, verification, and disbursement. This transformation enables faster decisioning, improves customer experience, and opens broader opportunities for companies to secure working capital, capex financing, and working capital lines without the traditional delays associated with in-person processes.
Popov added that the continuous development of artificial intelligence models, the expansion of the product set, and the growth of the customer base collectively empower Sber to offer online lending solutions to customers across large, medium, and small business segments. The approach integrates risk assessment, pricing, and terms in real time, aligning credit offerings with the evolving needs of diverse enterprises while maintaining prudent governance.
It is worth noting that the Eastern Economic Forum 2023 is being held in Vladivostok from September 10 to 13. Participants are examining ideas for a new global economic framework, the modernization of energy systems, and urban renewal, as well as economic development strategies under sanctions. The forum serves as a platform for policymakers and industry leaders to discuss how digital finance and AI-driven lending can support business resilience in a changing global landscape, including scenarios affecting North American and Canadian markets.