Touch Bank's Annual Results
Having launched its operations in April 2015, Touch Bank, a retail online bank of the international financial group OTP, has signed up some 50,000 customers in more than 85 Russian cities by the end of the year. Its deposit volumes have exceeded RUB 1 bn.
Moscow, Russia, January 21, 2016 --(PR.com)-- Designed as an international project, in the future, Touch Bank intends to complement the traditional banking model across the regions where the OTP Group operates. The Russian market was chosen as an entry point for this bank focused on digital technology, remote banking channels, and remote sales. Russia boasts a number of successful digital banking start-ups, which indicates a high demand for innovation and technological development in the retail banking sector.
Touch Bank places its bets on innovative high-tech solutions which shape global banking these days. The Bank’s partners include some of the world’s leading developers, such as Backbase, IBM, FICO, Tieto, Salesforce, and Orange.
A Touch Bank card is an integrated banking product, providing a customer by default, access to their current and savings accounts. Subject to the the bank’s approval, a credit line on the card and a revolving personal loan can also be granted. These products form the core of the Bank’s financial services package in 2015.
Smartphone applications developed for iOS and Android enable prompt transactions via the mobile bank. Via the online bank, customers can open current and deposit accounts, make payments and transfers around-the-clock, 24/7, and set spending limits on the card.
In addition to a rouble account, Touch Bank’s customers may open accounts in three foreign currencies: euros, US dollars and British pounds.
The “Card in a Card” service helps make the most of other banks’ offers, providing a convenient and intuitive tool for managing funds on credit, debit, salary and bonus cards issued by third-party banks via a Touch Bank card.
Andrei Kozliar, Touch Bank’s CEO, said: “We are proud of what we have accomplished over a short period of time: our brand has a positive image in the market, and the high demand for our services is reflected in a stable growth of our customer base, deposit volumes, and a growing interest in our credit products. Next year, we will continue focusing on customer service, and our customers will be pleasantly surprised with our banking innovations.”
Touch Bank is an online retail bank, an international project of OTP Group, a European financial group and one of the banking market leaders in Central and Eastern Europe, which started servicing Russian clients in spring 2015. Touch Bank operates under OTP Bank’s license and is regulated by the Russian law on credit institutions.
The online bank does not have offline branches. The main platform for interaction between the Bank and its client is the Internet and other interactive communication channels that enable execution of all types of operations round-the-clock, 24/7 with no queues, at any place and at any time.
Financial services provided by Touch Bank represent monoline bank card-based products.
Touch Bank places its bets on innovative high-tech solutions which shape global banking these days. The Bank’s partners include some of the world’s leading developers, such as Backbase, IBM, FICO, Tieto, Salesforce, and Orange.
A Touch Bank card is an integrated banking product, providing a customer by default, access to their current and savings accounts. Subject to the the bank’s approval, a credit line on the card and a revolving personal loan can also be granted. These products form the core of the Bank’s financial services package in 2015.
Smartphone applications developed for iOS and Android enable prompt transactions via the mobile bank. Via the online bank, customers can open current and deposit accounts, make payments and transfers around-the-clock, 24/7, and set spending limits on the card.
In addition to a rouble account, Touch Bank’s customers may open accounts in three foreign currencies: euros, US dollars and British pounds.
The “Card in a Card” service helps make the most of other banks’ offers, providing a convenient and intuitive tool for managing funds on credit, debit, salary and bonus cards issued by third-party banks via a Touch Bank card.
Andrei Kozliar, Touch Bank’s CEO, said: “We are proud of what we have accomplished over a short period of time: our brand has a positive image in the market, and the high demand for our services is reflected in a stable growth of our customer base, deposit volumes, and a growing interest in our credit products. Next year, we will continue focusing on customer service, and our customers will be pleasantly surprised with our banking innovations.”
Touch Bank is an online retail bank, an international project of OTP Group, a European financial group and one of the banking market leaders in Central and Eastern Europe, which started servicing Russian clients in spring 2015. Touch Bank operates under OTP Bank’s license and is regulated by the Russian law on credit institutions.
The online bank does not have offline branches. The main platform for interaction between the Bank and its client is the Internet and other interactive communication channels that enable execution of all types of operations round-the-clock, 24/7 with no queues, at any place and at any time.
Financial services provided by Touch Bank represent monoline bank card-based products.
Contact
Touch Bank
Maria Ivanyan
+74957392083
www.touchbank.com
Maria Ivanyan
+74957392083
www.touchbank.com
Contact
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