VTB Prepares Retail Partnership Project

First Deputy Chairman of the Management Board of VTB Olga Skorobogatova said in an interview with RBC that the bank will launch a new retail client project in May with Russia’s largest retailer. The initiative will be part of a partnership model offering discounts and benefits via major market players. Projects are also planned with Lamoda, Ozon and Lukoil; the partner list will be limited and cover key consumer segments. Earlier, on March 20, VTB launched a program with Yandex Market offering discounts of up to 50%.