Sovcombank says it's the first Russian bank to offer bitcoin-backed loans to public

Sovcombank has announced that it is the first financial institution in Russia to provide loans that are backed by Bitcoin, marking a significant milestone in the country's banking sector and expanding the options available for individuals and businesses looking to leverage their cryptocurrency assets for financial support. This innovative move represents Sovcombank's commitment to embracing new technologies and financial trends in order to meet the evolving needs of its customers in a rapidly changing digital landscape. source: https://www.coindesk.com/business/2026/02/05/sovcombank-says-it-s-the-first-russian-bank-to-offer-bitcoin-backed-loans-to-public