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VTB applies for UK banking licence, selects core banking system

VTB Tower, Moscow

EXCLUSIVE: Russia’s second largest banking group, VTB, is looking to launch a retail banking business in the UK, Banking Technology understands. The bank has applied for a UK banking licence, to enable it to take retail deposits.

Interview: Aleksey Chubar, VTB – leading a fintech revolution in Russia

Aleksey Chubar, VTB

If you’ve got preconceptions about what fintech looks like and where it’s happening, then Aleksey Chubar, head of digital transformation at VTB, has news for you. Russia is becoming a hotbed of fintech innovation – not just domestically, but internationally too. More than that, the rapid pace of technological change in the country means you’ll soon wonder how you got left behind.

VTB brings Alipay to Russia big time

Alipay comes to Russia big time

Chinese online and mobile payment platform Alipay is looking to grow its presence significantly in Russia with the help of VTB Group.

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