VTB and Alfa Bank Launch MultiBank Service for Corporates

VTB and Alfa Bank have launched the MultiBank service for corporate clients, enabling businesses to manage accounts held at both banks through a single interface. The banks said that, at the initial stage, clients will be able to view account information and receive statements. The service is based on the Bank of Russia's open banking standards and is designed to simplify corporate cash management. VTB also plans to complete integration with Gazprombank by the end of the third quarter of 2026 and expand the list of partner banks in the future.