Sberbank proposes to create a national counterpart AliBaba and Amazon

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The article was translated via on-line translator. We apologise for gaffes and mistakes.

Sberbank has initiated the development of “national ecosystem”, according to “Kommersant“, citing close to the organization sources.

German Gref presented the project during a meeting with Vladimir Putin on electronic Commerce.

Ecosystem – a group of related organizations created around information platform and using its services allowing customers to access the generated suggestions. Major ecosystems include Amazon, Google, and AliBaba.

After 8 years the volume of Economics of the project may be close to 27% of revenue organizations in Russia, which amount to 65 billion rubles. A source familiar with the presentation, said that the Bank works with a large number of consumers, he available your platform, resources and analytical staff. The Bank believed that the project will provide various industry groups related to information goods, communications, government and business services, real estate and others.

According to one variant of implementation of the project, to create a system to be exclusively a savings Bank. In addition, possible collaboration with domestic or foreign, possibly Chinese Internet company.

According to the forecasts presented in this presentation, after 8 years, almost 30% of global revenue and more than 40% of the profits to organizations will bring the ecosystem. In addition, in this area, China could overtake America due to special factors. These include a large domestic market, which is widely used Internet, a high rate of economic development and the abundance of manufacturers, favorable regulation and low development of physical infrastructure, including the penetration of retail chains and the number of service points of banks.

Mark Zavadsky, head of representative office in Russia AliBabaGroup, said that their ecosystem is open to collaboration with companies from Russia, including with Sberbank.

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