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Project

Sberbank Factoring (Sberbank Digital Asset Platform)

Customers: Sberbank Factoring

Moscow; Financial Services, Investments and Auditing

Contractors: Sberbank
Product: Sberbank Digital Asset Platform

Project date: 2022/06  - 2022/07

2022: The first deal for the release of CFA based on the Sberbank platform

Sberbank has launched its own platform for the release of digital assets. The bank announced this to TAdviser on July 9, 2022. The first transaction on it was the issue of digital financial assets (CFA) of SberFactoring. The issuer's obligations are secured by receivables transferred to factoring services. The volume of production amounted to 1 billion rubles, the term of placement - 3 months. Read more here.