The MTS Bank press service announced the removal of its application from the windows of the App Store and Google Play stores and made recommendations for customers with smartphones on Android and iOS.

Sub-sanctioned MTS Bank app is not available on App Store and Google Play

The message indicates that the previously installed mobile app is still working stably.

Difficulties arise only when a new download is required. In this case, you need to use the RuStore store, where the version for Android is available.

If the device runs on the iOS operating system, then all the functionality is available in the online bank, the icon of which can be installed on the iPhone desktop for convenience.

The removal of the application is due to the fact that MTS-Bank fell under US and UK sanctions.

In total, according to US Treasury calculations, US sanctions covered almost 80% of Russian banks during the year.

Regarding MTS Bank, which received a license from the UAE Central Bank in early 2023 and registered a branch in Abu Dhabi, the Emirates financial regulator will conduct further investigation, according to RBC.

“The Central Bank is currently studying the available options in relation to the new status of the bank and will make an appropriate decision on the matter in a timely manner, taking into account the commitments made by the branch earlier,” the UAE Central Bank said. from the WAM agency portal.


Ekaterina Alipova

Source: RB

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