The Tinkoff group may open a pension savings fund. The bank has already registered four domains that mention the combination “NPF”, writes Vedomosti.

Tinkoff could open its own pension fund

Domains,, and appeared in the SPARK system. In early February, the Bank of Russia issued a license to provide life insurance to Tinkoff Insurance of the Future, which was created at the end of last year.

The Chairman of the Board of Directors of Tinkoff Bank, Stanislav Bliznyuk, previously expressed interest in the long-term savings program, the operators of which are non-state pension funds.

Expert Business Solutions CEO Pavel Mitrofanov believes that the emergence of a pension business line will not give the company a strong and multiple increase in profits, but the bank will probably make better profits from “traditional” products. Tinkoff has an advantage over other market players in the form of an ecosystem and access to the end customer through a powerful application, the expert highlighted.

There are currently 11 pension funds operating in Russia: Sberbank, Gazfond and Region Group were among the first to join the program.


Karina Pardaeva

Source: RB

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