18 Apr 2016 16:42

Tinkoff Bank announces completion of transformation into financial supermarket

MOSCOW. April 18 (Interfax) - The transformation of Tinkoff Bank into a financial supermarket is complete, the group of the bank said in a statement on the London Stock Exchange website.

According to information of the bank's website, here both banking services and insurance services of Tinkoff Bank Group will be provided, as well as partners' services provided by Tinkoff Bank according to an agent scheme, mortgage lending, brokerage services.

As part of the launch of the site, services for small and medium-sized businesses were introduced.

Tinkoff Bank in 2015 was Russia's 52nd largest bank by assets, its 17th largest banks by retail loan portfolio and 30th largest bank by raised funds of private entities, according to the Interfax-100 ranking.