About Tinkoff Bank
Tinkoff Bank is an innovative provider of online financial services operating in Russia through a high-tech branchless platform. The bank was founded in 2006 by a Russian entrepreneur Oleg Tinkov.

The bank’s product range includes credit, debit and prepaid cards, deposits, co-branded cards, and agent-based mortgage products and retail securities trading. For small businesses, the bank offers current accounts, transactional services, salary projects and online merchant acquiring. With its special focus on mobile business, the bank offers mobile applications both for its customer base (Mobile Bank) and beyond it (Traffic Fines, MoneyTalk, Card 2 Card instant money transfers).

The bank’s five-year strategy has the ambition of becoming a financial supermarket where customers can shop not only for our products, but also for those of our partners.

As at 1 October 2016, the bank was the second largest player in the Russian credit card market, with a market share of 9.8% and issued over 6.4 m credit cards. The bank is well capitalised: its CBR N1 total capital ratio stood at 11.6% as at 1 October 2016.

The 6M 2016 IFRS net income of the parent company, TCS Group Holding PLC, which includes Tinkoff Bank and the insurance company Tinkoff Insurance, amounted to RUB 4.5 bn.

In October 2016 Tinkoff Bank was named the largest independent global direct bank by Frost & Sullivan. In 2015 and 2016, the Global Finance magazine named Tinkoff Bank as the Best Consumer Digital Bank in Russia. In 2016, the bank also won Global Finance’s Best Integrated Consumer Bank Site award and was named the Best Digital Bank in the CEE by Euromoney. The bank’s mobile application was recognised as the best in Russia by Markswebb Rank & Report for three consecutive years in 2014, 2015 and 2016, and by Deloitte for four consecutive years from 2013 to 2016. Tinkoff Bank is a member of the deposit insurance system (the system guarantees each depositor of member banks a payout of RUB 1.4 mln on deposits and current accounts, including interest income).

Tinkoff Bank is a part of TCS Group Holding PLC, which is owned by Oleg Tinkov (majority shareholder) and Vostok Nafta, Goldman Sachs, Baring Vostok and Horizon Capital (minority shareholders).
Read more about Tinkoff Bank
TCS group
Our History
From the launch by Oleg Tinkov to becoming a leader in the online financial services market in Russia
TCS group
Strategy
Becoming an integrated retail financial services provider that offers convenient premium-quality service to its customers through a high-tech online platform
TCS group
Management Team
Strong entrepreneurial management team who have built the business from scratch