Facing up to post-cold war economic realities, Russia's largest consumer bank is receiving a big injection of Western technology designed to match the capabilities of American and European institutions.

The Savings Bank for the Russian Federation, the descendant of a Soviet-era behemoth called Sberbank, has been the place where generations of Russians have gone to stash their rubles.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.