Wednesday, June 1, 2011

Alfa-Bank and VTB 24 will share ATMs

The following year, two major banks will combine their ATM networks. Back in early November, announced by Chairman of the Board of Alfa-Bank Rushan Khvesyuk. According to him, the merger should have happened in the same month, but come December, but the changes did not follow. In fact, the union will take place in the first half of 2011, explained the situation, "Marker," the director of retail business "VTB 24" Georgy Gorshkov. Now, customers of both banks can only wait: When Alfa-Bank and VTB 24 will join the network, millions of people will be able to withdraw money from an interest-free in the 7 th ATM of the country, the source said. Actually, this is not the first time that financial institutions decide to work together to increase our share of the market. Such an experience, for example, has a Rosbank and Uniastrum Bank. But now we are talking about leaders in the number of ATMs in the domestic market. Moreover, it is possible that the duo will grow into a trio. Controlled VTB 24 "bank" Transcreditbank (formerly belonged to RJ) can also enter into this project. Already, between the latter is preparing an agreement to combine the ATM. If the three banks will come to a common denominator, the updated network will be the largest in the capital, ahead of even the "Savings Bank".

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