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VTB's new office appears in China

VTB's new office appears in China

VTB is expanding its presence in China. A new bank office was opened at the Shanghai Bank, which is located in the main center of Shanghai's Pundong financial district.

Now VTB is the only Russian bank with a financial license to conduct banking operations in China. According to the press service of the bank, the new office will increase the customer base, increase the team and launch new product lines. In addition, VTB’s presence in China will improve the quality of the banking infrastructure and information environment.

The project to open a new office was implemented in a short time: only six months passed from the selection of contractors to the move of employees to the branch. The office is located on the 25th floor in a modern building, where the bank’s specialists have modernized the IT infrastructure for their needs, and occupies about 1,5 thousand square meters. square meters, which is double the previous one.

The need for expansion arose due to the growing volume of VTB's business in China and an increase in the number of employees - the staff doubled in two years. According to the manager of the VTB branch in Shanghai, Gleb Yakovlev, now it has been possible to create a comfortable space for employees and customers. At the same time, a growing interest in the development of Russian-Chinese business allows VTB to expand its presence in China. Now the most popular are international payments, document transactions and financing of export and trade operations. VTB is ready to develop new and demanded products for customers.

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