VTB will create an online bank for children and teenagers

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AK&M 01 June 2026 11:30

VTB will launch an online bank for children and teenagers from 6 to 14 years old. This is stated in the VTB message with reference to Olga Skorobogatova, Deputy President and Chairman of the VTB Management Board.

The bank plans to launch the project in the fall and will continue to develop it throughout the year.

Children will have access to phone number transfers and QR payments, mobile payments, and a chatbot with answers to questions about finance adapted for them.

VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all major segments of the financial market. The Group has subsidiaries and associated banks in Armenia, Belarus, Kazakhstan, Azerbaijan, Vietnam, a branch in India, and a branch and representative office in China. VTB Group's net profit under IFRS for 2025 amounted to 502.1 billion rubles.

On November 20, 2024, the AK&M rating agency awarded VTB Bank's sustainability reporting the highest rating.

On July 31, 2025, the AK&M rating agency confirmed the highest rating of VTB Bank's non-financial statements.