News » Russia-based Tinkoff Bank to invest in PH

Russia-based Tinkoff Bank to invest in PH

Russia’s third-largest retail bank Tinkoff Bank plans to expand its digital operations in the Philippines once it receives its digital banking license from the Bangko Sentral ng Pilipinas (BSP).

During a virtual roundtable with The Manila Times, Tinkoff Bank chairman of the board George Chesakov said that they have decided to venture into the Philippines after receiving investment suggestions in the Southeast Asian region as “all the drivers are here.” 

The bank submitted its digital banking application to the BSP in late August and is expecting to launch early next year “if things go well.”

Tinkoff Bank is a fully online bank that serves all of its customers through online channels and a cloud-based call center.

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.