In 2020, payments of VTB customers via Russia's Faster Payment System (FPS) accounted for 33% of the total number of transfers. In total, VTB customers ordered 24.5 million transfers for a total amount of RUB 151.8 billion via the FPS, which is more than 15 times above the 2019 result, the bank informed.
In 2020, the number of VTB customers using the FPS increased 7 times to more than 2.5 million people. In December, 6.3 million outgoing transfers were made for a total amount of RUB 38 billion. Demand for FPS services from VTB customers increased 1.5 times compared to November, almost 20 times compared to the start of the year. The average transfer amount in St. Petersburg is about RUB 6,000.
VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all the key segments of the financial market. In the CIS, the group is active in Armenia, Ukraine, Belarus, Kazakhstan, Azerbaijan. VTB's banks in Austria, Germany and France are operating as parts of the European sub-holding led by VTB Bank (Austria). Besides, the group has subsidiary and affiliate banks in the UK, Cyprus, Serbia, Georgia and Angola, as well as one VTB branch in China and India, two VTB Capital Plc branches in Singapore and Dubai.
