Tinkoff Bank is an innovative provider of online retail financial services operating in Russia through a high-tech branchless platform. Since its launch in 2006 by Oleg Tinkov; Tinkoff Bank majorly deals in credit cards and online retail deposits programme. Tinkoff Bank has been expanding to bring-additional innovative financial products and services to Russian consumers, including online insurance services.
Stats of Tinkoff (As on 31 December 2014)
Issued 5.0 Million credit cards to customers
It is top four credit card issuer in Russia with a market share of 6.7%
Total assets are rubble 108.8 billion
Loans and advances to customers are rubble 74.6 billion
Customer accounts and deposits are rubble 43.4 billion
Features of Tinkoff:
It operates with advanced high-tech retail financial services platform. The platform is entirely branchless, with a very low fixed cost base and high degree of operating flexibility.
Tinkoff Bank offers remote access to its financial products and services through online banking, mobile banking, high volume call centre (telesales), direct mail, direct sales agents, etc.