Sberbank CIB1, the corporate and investment banking business of Sberbank, has held a business breakfast called ‘Digital Oil’. The event was attended by representatives of leading Russian oil and gas companies, the scientific community, and industry experts.
Bernard Gil from the French National Centre for Scientific Research gave a presentation titled ‘Where Does The World Go?’. In his presentation ‘From Barrels to Bytes: the Digital Transformation of the Oil and Gas Industry’, Alexey Fedorov from the Russian Quantum Centre talked about key trends in the development of new technology that has an impact on the industry.
The centrepiece of the event was a discussion on the topic “Technology in the Oil and Gas Industry: Today and Tomorrow”, which was moderated by Ruslan Yunusov, CEO of the Russian Quantum Centre. Key speakers shared their vision of the advantages created by a synergy of modern technology and the oil and gas industry: representatives of Gazprom Neft, SkolTech, the Russian Quantum Centre, and MSU’s Science Park.
Sergey Babayan, Vice President of Sberbank and Head of Sberbank CIB’s Largest Client Coverage Department, commented: “The topic that we chose to discuss at our business breakfast was Digital Oil. We focused not only on new technology, but also key trends for the sector and examples of economies built on new principles. Sberbank’s main aim is to be a partner as well as a bank for clients, and also, in some cases, a guide to the world of new ideas and technology. Our clients and guests noted the relevance of the issues that were covered by the event, and we are certain that these sorts of seminars will become a regular venue for sharing knowledge and exchanging opinions.”
Sberbank is Russia’s largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorized capital plus one voting share, with the remaining 50% held by domestic and international investors. Sberbank has more than 145 million customers in 20 countries. Sberbank has the largest distribution network in Russia with almost 15,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, India, China, Turkey and other countries.
Sberbank CIB is the corporate and investment banking business of Sberbank. Its key areas of activity are corporate finance (including trade finance), the documentary business2, investment banking services, trade operations with securities, and private equity. Sberbank’s corporate and investment banking business provides integrated financial solutions and investment advisory services to its clients, which include major corporations, financial institutions, sovereign states and federal and sub-federal government bodies and organisations.