Sberbank Sees No Mass Interest in Digital Ruble
Sberbank reports no evident mass interest in the digital ruble and does not expect high demand, with its share in turnover likely remaining in tenths of a percent.
Consensus
- Sberbank does not see evident mass interest in the digital ruble.
- Sberbank does not expect high demand for the digital ruble.
- The share of the digital ruble in turnover is expected to be in tenths of a percent.
- The digital ruble is not expected to have a significant impact.
- Sberbank is prepared for mass rollout and will monitor its effects.
- The digital ruble will be launched and is no longer just a theoretical concept.
Points of divergence
- Sberbank's deputy chairman, financial director Taras Skvortsov, stated that he sees no interest in the digital ruble from other market participants, private or corporate clients, or financial institutions that would actively promote its use. — vesti
- Skvortsov noted that the digital ruble is a negative for the financial sector because funds leave banks and cannot be reinvested, effectively isolating them on central bank accounts. — vesti
- Skvortsov compared the digital ruble to an 'elephant in the room' that is now being taken out, allowing people to see who actually supports it. — vesti
- Galaktion Kuchava, expert from 'Narodny Front. Analitika', warned that fraudsters may exploit the launch of the digital ruble to deceive Russians and steal money or personal data. — vesti
- Kuchava emphasized that any 'investments in the digital ruble' are 100% fraud, as the digital ruble is not an investment instrument but a payment and transfer tool. — vesti
Coverage (4 sources)
- Sber does not see obvious mass interest in the digital ruble and does not expect high demand for it. The share of the digital ruble... — ТАСС (Telegram)
- Sber does not see obvious mass interest in the digital ruble and does not expect high demand for it. The share of the digital ruble... — ТАСС (Telegram)
- Sber does not see obvious mass interest in the digital ruble and does not expect high demand for it. The share of the digital ruble... — ТАСС (Telegram)
- Skvortsov: Sber does not expect mass interest in the digital ruble — Вести