Ozon Bank will begin to form its own ATM network, with the first hundred machines scheduled to be installed by the end of 2025. This is stated in the message of AFK Sistema.
The bank also intends to issue a credit card for individuals this year, and a test is already underway for a group of customers.
In the B2B direction, the company intends to develop acquiring services for entrepreneurs and legal entities, offering both online and offline services.
Ozon Bank is a medium—sized credit institution with a universal banking license that develops various financial products for individuals and legal entities, including those using e-commerce services on the Ozon marketplace. The Bank offers its clients current (settlement) and deposit accounts and other financial services. The bank's head office is located in Moscow. The Bank conducts business entirely through DBO channels and is currently not developing a branch network.
Ozon is a multicategory e—commerce platform operating in Russia, Belarus, Kazakhstan, Kyrgyzstan, Armenia, Uzbekistan, China and Turkey.
Ozon's revenue for 2024 increased by 45% to RUB 615.7 billion. compared to a year earlier. Gross profit increased by 126% to 99.9 billion rubles. Adjusted EBITDA reached RUB 40.1 billion.
PJSC Sistema Joint Stock Financial Corporation (AFK Sistema, TIN 7703104630) is a public diversified corporation. AFK Sistema was founded in 1993.
AFK Sistema's net loss under IFRS in 2023 amounted to 5.3 billion rubles against a profit of 43.5 billion rubles a year earlier. Consolidated revenue increased by 16.8% to 1.05 trillion rubles.
Sistema's consolidated revenue for the first 9 months of 2024 increased by 20.1% year—on-year, reaching 888.3 billion rubles, adjusted OIBDA by 13%, exceeding 246 billion rubles. Net profit amounted to 1.8 billion rubles.