Sberbank issued Russia's first loan through a CFA with collateral in the form of a real asset

Sberbank conducted Russia's first lending transaction via digital financial assets secured by a company's movable property and goods in turnover. Loan volume amounted to ₽100 million. Use of CFA allows eliminating unnecessary intermediaries, speeding up and reducing the cost of the transaction, and making transactions safer. Therefore, the bank expects more loan transactions through CFA and further expansion of such practices.