Sberbank of Russia

11/17/2021 | Press release | Distributed by Public on 11/18/2021 02:16

Sber declared Russia’s best bank for loans to small businesses

Sber has been declared the "Best Bank for Small Business Loans" according to the Frank Small Business Loans Award 2021. The bank also won in the "Minimum Package of Documents for Small Business Loans" category. The awards were based on the results of the "Small Business Lending in Russia - 2021" survey by Frank RG.

Alexey Shashkin, director of Small and Micro-Sized Business, Sberbank

"We are very pleased to receive the Frank Small Business Loans Award in the main category, "Best Bank for Small Business Loans." I would like to highlight that this award rewards the efforts of our entire team, who work every day to make it easy and convenient for an entrepreneur to get a loan for the development of their business. We have worked hard recently to ensure that small business financing is available to clients 24/7 and within minutes, without them having to visit offices or provide paper documents. We have managed to achieve this, and we are not going to stop here. In the future, this process will be even faster and more convenient. We will continue to develop various formats of lending and installment plans, including on the marketplaces of large companies. We will implement our own business support programs in addition to state programs and expand the Sber ecosystem range of services to improve business efficiency. In short, we will do everything possible to ensure that it is even more profitable, easy, and convenient for entrepreneurs to interact with us."

Frank RG presents awards for the best products, which are evaluated against hundreds of criteria, from tariffs to business models, reliability to usability. The Frank RG award is a seal of excellence in the banking sector.