MTS Bank — BrandWiki

MTS Bank

Overview

MTS Bank

native name	МТС Банк
native name lang	ru
type	Public Joint Stock Company
industry	Financial services
predecessor	Moscow Bank for Reconstruction and Development
founded	1993
hq location city	Moscow
hq location country	Russia
area served	Russia
key people	Filatov Ilya Valentinovich (Chairman)
products	Retail banking, online banking, mobile banking
owner	MTS (telecommunications) majority shareholder
num employees	4,702
num employees year	2015
website	http://www.mtsbank.ru/

MTS Bank is a Russian commercial bank headquartered in Moscow. It provides retail banking and business banking services throughout Russia and has a focus on mobile banking. The bank was founded in 1993 and is majority owned by Russian telecoms company MTS.

On February 24, 2023, due to the Russian invasion of Ukraine, the bank was added to the sanctions list of the United States, United Kingdom and Australia.[1]

History

The bank was founded in 1993 as PJSC Joint-Stock Commercial Bank Moscow Bank for Reconstruction and Development.[2] In 2012 the bank was renamed as MTS Bank. In 2016, the bank opened access to Samsung Pay and Apple pay for its clients. In 2017 it was selected as the main operator of payment services for the official website of the Mayor of Moscow and the mobile application “Gosuslugi Moskvy”[3]