Government fund of funds
Development institute of the Russian Federation


RVC and Sberbank sign a Cooperation agreement

RVC and Sberbank sign a Cooperation agreement

RVC and Sberbank PJSC have signed an innovation and technological cooperation agreement focused on searching of new technologies and increase in business efficiency of both parties. This document was signed by RVC General Director Alexander Povalko and senior vice-president of Sberbank, manager of Sberbank CIB Igor Bulantsev during the St. Petersburg International Economic Forum 2017.

The agreement signed provides for joint measures in searching and implementation of state-of-the-art solutions in the banking sector as well as exchange of analytical information on new technologies and innovation activities.


The parties have expressed interest in technological solutions aimed at improvement of the bank and its clients' operating efficiency. It is expected that joint acceleration programs will be organized in the field of financial technologies, models of cooperation will be prepared to encourage investments into the high-technology and rapidly growing companies as well as joint financial products for the funding of "New economy" companies will be developed.

Within the framework of this agreement, RVC will assist the bank in ist work with participants of RVC acceleration programs including GenerationS, the largest start-up accelerator in Russia and Eastern Europe. RVC will also support in coordinating negotiations between the bank and leaders of the “TekhUspekh” rating of fast-growing technological companiesand RVC funds' portfolio companies.

Sberbank considers RVC as a strategic partner and is going to actively extend cooperation in the field of technology search having a synergetic effect with the bank's innovation activities.

“Cooperation with Sberbank will become an important step in promotion of innovation activities in the Russian banking sector. Implementation of the Agreement will allow us to generate effective mechanisms for searching and implementation of advanced technologies in the bank operation. Joining efforts will facilitate improvement of technological solutions and development of the sector as a whole”, emphasized RVC General Director Alexander Povalko.

“This agreement is in line with our efforts for implementation of innovations in the bank and, broader, in the Russian economy. I am sure that implementation of document provisions and cooperation with RVC will enable us to develop more actively new technological solutions in work with our clients”, commented senior vice-president of Sberbank and manager of Sberbank CIB Igor Bulantsev.

Key technological directions within the framework of cooperation will be the following: machine learning, big data, artificial intelligence, blockchain platforms, anti-piracy solutions and cyber-security, advertisement and marketing, distance education, knowledge management, augmented reality, Internet of Things and others.

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