Aim is doubling business, but customer convenience is priority
Banking Frontiers|March 2023
Russia's VTB Bank has deployed high-end technology and its main aim is to achieve truly multi-channel customer access environment:
Aim is doubling business, but customer convenience is priority

A systemically important bank in  Russia, VTB Bank is a leader in the financial services sector in the country. It offers all the categories of banking services to its 17 million customers across the world, comprising corporate, SMEs, private entrepreneurs and individuals.

The bank gives absolute priority for its customers and their experience with the bank. In its endeavour to become a first-choice bank in the market and be an industry leader in service quality and customer convenience, it is obviously using high-end technology, personalized communications with specialized access platforms, and advanced data analytics and modelling tools. Its priority has been to induct digital customer communication channels, which has no doubt helped it to achieve a novel target - now over 50% of sales is through digital channels without visiting a branch, and over 80% of banking services is provided remotely. It continues to be a universal bank, but its branch network and other traditional infrastructure have been transitioned to create a truly multichannel customer access environment. It also has created an almost paperless office and maximized electronic document workflow with external counterparts.

UNIFIED OPERATING FACTORY

Bu hikaye Banking Frontiers dergisinin March 2023 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Banking Frontiers dergisinin March 2023 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BANKING FRONTIERS DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Key Russian central bank official leaves
Banking Frontiers

Key Russian central bank official leaves

The First Deputy Governor of Bank of Russia Olga Skorobogatova is leaving the central bank in early December.

time-read
1 min  |
December 2024
Better prospects for Swiss banking in 2024, says new study
Banking Frontiers

Better prospects for Swiss banking in 2024, says new study

The year could see revitalization of the banking to some extent, finds the study by Swiss Bankers Association:

time-read
3 dak  |
December 2024
Ease of use, personalization & consistent engagement promotes digital loyalty
Banking Frontiers

Ease of use, personalization & consistent engagement promotes digital loyalty

Murari Lal, Head - Digital Initiatives, Shivalik Small Finance Bank, delves into platforms, loyalty and Al:

time-read
4 dak  |
December 2024
From Feet on Street to Fingers on Screen
Banking Frontiers

From Feet on Street to Fingers on Screen

Nippon India Mutual Fund is driving into newer customer segments by leveraging voice and vernacular as the drivers, reveals the company's Chief Digital Officer Arpanarghya Saha:

time-read
9 dak  |
December 2024
Digitization embraces the senior citizens
Banking Frontiers

Digitization embraces the senior citizens

Among other projects, Shriram Capital completely transformed the 2-wheeler loan origination system, reveals the company's Chief Digital Officer Ajay Thomas:

time-read
8 dak  |
December 2024
Making of the most connected bank in Bangladesh
Banking Frontiers

Making of the most connected bank in Bangladesh

A stream of digital initiatives is transforming Mutual Trust Bank and its customer engagement, reveals Khalid Hossin, who heads the bank's digital banking division:

time-read
7 dak  |
December 2024
Digital embraces Archaeological Tourism
Banking Frontiers

Digital embraces Archaeological Tourism

Chief Digital Officers are leading tremendous transformation initiatives. Five CDOs reveal their fascinating journey and their ambitious goals:

time-read
4 dak  |
December 2024
Tech will bridge Advisory and Education
Banking Frontiers

Tech will bridge Advisory and Education

Venkatesh Naidu, CEO, Bajaj Capital Insurance Broking:

time-read
5 dak  |
December 2024
AI bridges Protection and Prevention
Banking Frontiers

AI bridges Protection and Prevention

Gyanendra Singh, Chief Technology Officer, Aviva India:

time-read
3 dak  |
December 2024
Bridging Products & Distribution for Rural Markets
Banking Frontiers

Bridging Products & Distribution for Rural Markets

Vikas Mittal, Deputy CEO, and Amit Thapliyal, Chief Technology Officer, Magma HDI General Insurance:

time-read
4 dak  |
December 2024