Using artificial intelligence technologies, Sberbank has issued 8 trillion rubles in loans to medium-sized, large and largest businesses. First Deputy Chairman of Sberbank’s Executive Board Alexander Vedyakhin announced this on Investor Day.

Over the past three years, the bank’s corporate loan portfolio has grown by 41% to almost 33 trillion rubles. Sberbank’s share of the corporate lending market has meanwhile risen to 32.4%.

The bank now has 3.5 million corporate clients, 300,000 more than three years ago. Among transactionally active small and microbusinesses, 53.5% name Sberbank as their primary partner for addressing both financial and non-financial needs.