REG-TCS Group Holding PLC TCS Group Holding PLC: Tinkoff and Sberbank Launch P2P Money Transfers Using Just a Mobile Number

TCS HoldingAnnouncement

13/07/2018 14:40

============

   TCS Group Holding PLC (TCS)
   TCS Group Holding PLC: Tinkoff and Sberbank Launch P2P Money Transfers
   Using Just a Mobile Number

   13-Jul-2018 / 16:37 MSK
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

   Tinkoff and Sberbank Launch P2P Money Transfers Using Just a Mobile Number

    

   Moscow, Russia  -  13  July  2018.  Tinkoff  Bank  has  launched  a  joint
   initiative with  Sberbank  to allow  their  customers to  make  P2P  money
   transfers using a mobile number, as part of the bank's drive to expand the
   payment options available to its customers.

    

   The service will be rolled  out from today in  the bank's mobile apps  and
   the personal  online  accounts  of Moscow-based  customers,  and  will  be
   available to all customers across Russia by the end of July.

    

   Tinkoff pioneered the use of just  mobile numbers for transfers among  its
   own customers, and today  this is one of  the bank's most popular  payment
   methods. The initiative with Sberbank  expands the potential audience  for
   the service to millions of new users.

    

   "Tinkoff was one of the first in  the Russian market to offer this  option
   within our own banking system. Now, alongside our partner Sberbank, we are
   scaling this  service and  taking  it to  the  next level,"  said  Anatoly
   Makeshin, Director of Payment Systems and Deputy Chairman of Tinkoff Bank.
   "New features not only improve the user experience for our customers,  but
   also  further   advance  the   development   of  the   country's   payment
   infrastructure."

    

   Tinkoff Bank  is also  actively involved  in the  development of  a  rapid
   payment system (SBP), which will allow customers to make instant transfers
   using other identifiers (such as email address, TIN, SNILS, social network
   accounts, etc) anywhere  and at  any time, regardless  of the  beneficiary
   bank.

    

   For enquiries:
                                 Tinkoff Bank
   Tinkoff Bank
                                 Larisa Chernysheva
   Darya Ermolina                IR Department
   Head of PR
                                 + 7 495 648-10-00 (ext. 2312)
   + 7 495 648-10-00 (ext. 2009)
                                  2 ir@tinkoff.ru
    1 d.ermolina@tinkoff.ru
                                  

   About Tinkoff Bank

   Tinkoff Bank is  the first  and only  fully online  Russian bank,  serving
   almost  seven  million  customers.  The  bank  was  founded  in  2006   by
   businessman Oleg Tinkov.

   The parent company of the bank, TCS Group Holding PLC, has been traded  on
   the London Stock Exchange since October 2013. Alongside Tinkoff Bank,  the
   Group  includes  Tinkoff  Mobile,  a  virtual  mobile  operator,   Tinkoff
   Insurance and Tinkoff Development Centre, a network of development centres
   in Russia's largest cities.

   The Bank does not have physical outlets - customers are serviced  remotely
   via  online  channels  and  a   contact  centre.  Through  a  network   of
   representatives exceeding  2,500  people  and  covering  the  entirety  of
   Russia, the Bank is able to provide excellent and timely service.

   Tinkoff Bank provides  both its  own financial  services and  that of  its
   partners through the Tinkoff.ru platform. The range of available  products
   includes banking services (credit  and debit cards, payments,  transfers),
   deposits, investments, loyalty programs, travel booking services, business
   services, mortgage  products  and insurance.  Much  attention is  paid  to
   mobile services - in  addition to its online  banking system, the  company
   has released  apps available  to non-clients,  including Official  Traffic
   Fines, MoneyTalk and Card 2 Card.

   As of May 2018, Tinkoff Bank is  the second largest player in the  Russian
   credit card market with  a market share  of 11.7%. The  net profit of  TCS
   Group Holding PLC for the first quarter of 2018, in accordance with  IFRS,
   amount to 5.7 billion rubles, with a return on equity of 68.5%.

   In 2016, Tinkoff  Bank was recognized  as the  'Bank of the  Year' by  the
   largest Russian  financial portal  Banki.ru,  as the  largest  independent
   online bank in the  world (by number  of clients) according  to a Frost  &
   Sullivan survey,  and as  the best  digital bank  in Central  and  Eastern
   Europe by the international financial journal Euromoney. In the same year,
   the international banking  magazine Global Finance  credited Tinkoff  Bank
   with the  best universal  integrated banking  site. The  publication  also
   named Tinkoff the best online bank in Russia in 2015 and 2016, and as  the
   best option in the categories 'Best deposit, credit and investment  online
   products' and 'Best social-networking bank' in 2017. Tinkoff's mobile  app
   was recognized as the best in Russia by Markswebb Rank & Report for  three
   consecutive years from 2014 to 2016, and by Deloitte from 2013 to 2016.

   Tinkoff Bank is  a member  of the Deposit  Insurance System,  guaranteeing
   each individual depositing with  the bank a return  of 1.4 million  rubles
   for deposits and current accounts, including interest income.

   ══════════════════════════════════════════════════════════════════════════

   ISIN:          US87238U2033
   Category Code: MSCL
   TIDM:          TCS
   LEI Code:      2534000KL0PLD6KG7T76
   Sequence No.:  5746
   EQS News ID:   704541


    
   End of Announcement EQS News Service

   ══════════════════════════════════════════════════════════════════════════

    3 fncls.ssp?fn=show_t_gif&application_id=704541&application_name=news&site_id=reuters6

References

   Visible links
   1. mailto:d.ermolina@tinkoff.ru
   2. mailto:ir@tcsbank.ru


============