The VTB branch in Shanghai provides services of remote banking

As it is specified in November, 2011 in the message of Bank, "the VTB bank branch in Shanghai expands a range of services for corporate clients. Now clients of branch can quickly perform operations and monitor the financial flows from any point of China, using new service – Internet client.

The system of remote banking Internet client used in VTB bank was adapted for requirements of the market and the legislation of China.

Within a pilot project the acting clients – Shanghai Kuibyshevazot Trading Co already used new service. Ltd. (subsidiary company JSC Kuybyshevazot) and Hengsen Shanghai Co. Ltd. (the international group providing financial, legal, logistics and consulting services was one of the first clients who opened accounts in VTB branch).

The possibility of providing service of remote banking is especially relevant in connection with growth of the customer base of branch. Today his clients are the companies located in China, Hong Kong and Singapore.

The board member of VTB Olga Dergunova noted: "We aim to provide to our clients equally high-quality services in all regions of presence of VTB. The Internet client system allows to optimize carrying out payments and considerably will simplify interaction of clients with bank".

Service of corporate clients of VTB bank branch in Shanghai is implemented based on a subsystem Internet Client of the complete solution "RBS BS-Client" for the organization of remote banking of legal entities from BSS Company. Works on adaptation of the solution taking into account individual requirements of Bank and the legislation were also executed by efforts of staff of BSS Company.

About VTB branch in Shanghai

The VTB bank branch in Shanghai is formed in 2008, is the only division of the Russian bank having the financial license for carrying out banking activities in the territory of China, in November, 2010 the ruble/yuan at the Chinese currency exchange received the status of the market maker on pair. The volume of assets for November 1, 2011 is 70 million US dollars.