VTB Bank Plans to Invest One Billion Rubles in Technoserv
Acquisition of 75% stake planned
VTB, Russia’s second-largest bank, has announced plans to invest one billion rubles ($15.6 million) in the Russian IT company Technoserv. The investment will include an additional 75% stake acquisition.
Collaboration to develop digital solutions
The collaboration between VTB and Technoserv is expected to result in the development of innovative digital solutions for the financial sector.
With Technoserv's expertise, VTB aims to enhance its digital banking capabilities, improve customer experience, and drive innovation in the financial industry.
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