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VTB Bank Azerbaijan to introduce service for finding partners-counteragents in Russia

Finance Materials 25 August 2021 15:37 (UTC +04:00)
VTB Bank Azerbaijan to introduce service for finding partners-counteragents in Russia

BAKU, Azerbaijan, Aug. 25

Trend:

VTB Bank (Azerbaijan) is preparing for the introduction of an e-trading platform to allow the users to find partners - counteragents in Russia, a representative of the bank told Trend on Aug. 25.

According to the representative, a new mobile banking service with new functions and an updated design for legal entities will also be launched in the near future.

"We are working on a new credit conveyor, which will allow promptly form approved loan proposals for business," the representative said.

The representative also noted that VTB Bank (Azerbaijan), as part of its strategy, aims to develop and improve financial services and products in both the retail and corporate segments.

"For legal entities, we have updated Internet banking, added new services, and improved the design. We are also working on updating the mobile banking service for retail clients," added the representative.

VTB (Azerbaijan) is the main partner bank for Azerbaijani entrepreneurs doing business with Russia. Its main task is to help Azerbaijani business enter new markets in the countries where VTB Group operates, as well as to support Russian companies operating in Azerbaijan. In the structure of the bank's shareholders, 99.99 percent of the shares belong to VTB Bank PJSC and 0.01 percent - to individuals.

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