OREANDA-NEWS. Sberbank can invest in non-financial assets of about 200 billion rubles. per year - such an assessment of the potential level of investments was made by analysts at Morgan Stanley Bank in their review “Can Sberbank Transform the Russian Internet Sector?”.

Sberbank generates about 650 billion rubles annually. in the first-tier capital (4.1 trillion rubles as of September 30, 2019, including retained earnings), experts say: if the bank begins to direct 50% of its profits on dividends, it will have about 200 billion rubles left. per year, which he can either direct to capital or invest in non-financial assets. For comparison: from 2012 to 2019, Sberbank invested a total of 123.5 billion rubles in 25 non-financial services, calculated by Morgan Stanley. This is comparable to the capital investments since 2010 of the two largest Russian Internet companies Mail.ru and Yandex - about 130 billion rubles.

The development of the ecosystem of non-financial services by Sberbank has become a new cause for a dispute between it and the owner of a controlling stake - the Central Bank. Significant investments in non-financial sector companies will allow Sberbank to advance in the process of creating an ecosystem, said Maxim Nalyutin, head of the Deloitte financial services company group.