Finance

The merger of the retail customer base of Otkritie Bank and VTB will begin in the fourth quarter of this year. At the first stage, the bank plans to transfer about 300,000 customers with credit products to full service. The main stage of integration of the retail business is scheduled for the second to third quarters of next year. This was announced in an interview with the Russia 24 TV channel by Anatoly Pechatnikov, Deputy Chairman of the VTB Bank Management Board.

Sber has significantly expanded the capabilities of its SberBusiness online banking platform for legal entities, adding new non-banking services to the mobile and web versions of the application.

From July 26, VTB is increasing the yield on the entire line of ruble deposits for retail customers. On average, the increase will be 0.5 pp, placing funds for VTB depositors is available with a maximum yield of up to 10% per annum, depending on the term of savings and the type of deposit.

In the first half of July, VTB clients made three times more transactions to pay for cellular communications using the assistant than they conducted during the entire previous month. In total, in the first half of the year, VTB clients conducted more than 10 thousand transactions using the voice assistant in VTB Online, which is twice as much as in the same period last year.