German Gref considers investing in cryptocurrencies the most risky

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The head of Sberbank, German Gref, said that the most reliable investment tool is a bank deposit, and he called cryptocurrencies and stocks the most dangerous.

In a conversation with NTV, Gref said that the deposit in the bank is completely reliable, but “unfortunately, it does not have a very high yield.”

The head of Sberbank considers cryptocurrencies and the stock market to be the most risky instruments. He noted that between the two “lies a combination of profitability and risk.”

 

“There are a large number of instruments that today allow you to minimize risk and maintain more or less sufficient profitability. These are all kinds of fixed income instruments, ”Gref said.

 

Earlier, the head of Sberbank called bitcoin “a technical instrument for transactional activities”, and not an object of investment.

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