VTB has announced the completion of the legal merger of the Crimean bank RNCB. Starting June 12, RNCB clients began to be served under the VTB brand.
The head of VTB Bank, Andrey Kostin, noted that RNCB played a key role in the development of the financial market of Crimea and Sevastopol.
We have retained the financial services and favorable conditions that are familiar to clients, and we will continue to serve them in the offices that are familiar to Crimeans and Sevastopol residents. By the end of the year, we will transfer more than 2 million RNCB retail clients to the VTB infrastructure and make it as comfortable as possible for them.
The process of RNCB joining VTB began in June 2021 and lasted almost four years. Since the fall of last year, retail clients have gained access to all VTB products in RNCB offices. Now, from June 12, VTB will continue to serve clients in the offices familiar to Crimeans and Sevastopol residents. RNCB debit and credit cards will function as VTB cards until their expiration date.
The migration of more than 2 million RNCB retail clients to VTB will be completed by the end of the year. Automatic transfer of client escrow accounts is already available, and rebranding of the RNCB office network is also planned by the end of the year. Since June 16, more than 250 of the largest companies in Crimea and Sevastopol have switched to the VTB payment infrastructure as part of the integration.
Earlier, www1.ru reported that when working with crypto exchangers, there is a risk of accidentally becoming a participant in criminal schemes.
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