RGS Bank has officially become part of Otkritie Bank, with a complete integration of their information systems slated for completion before the end of the current year. This consolidation brings the two banks under a unified technology platform, ensuring a seamless experience for customers as the transition progresses.
The branch networks have already begun coalescing. The traditional RGS Bank branches are being linked to the Otkritie network, creating a larger, more accessible footprint. The RGS Bank remote sales network, including more than 700 car-dealer locations, will continue operating as before but will carry the Otkritie brand going forward.
Customers of RGS Bank can be assured that all existing agreements and obligations remain in effect without the need for renegotiation. Access to Otkritie Bank’s full range of services and products is now extended to RGS Bank clients, providing a broader set of options and a more consistent customer experience across the merged entity.
Over the past several years, RGS Bank has established a prominent position in the market. It has ranked among the top 50 banks in assets in the region, secured a leading position in private loan portfolios, and asserted strong standing in specific segments such as car loans, including notable leadership in the used car financing market. These accomplishments reflect the bank’s momentum and the value of the combined platform for customers and partners alike.
The automotive business will continue to grow within the group, now operating under the Otkritie Avto brand. The direction will be guided by Marina Dembitskaya, who previously served as a member of the RGS Bank board of directors and led retail business development. Her leadership is expected to drive continued expansion in car-related financial products and dealership partnerships.
Representatives from Otkritie Bank have reiterated that automotive financing remains a strategic focus. The car loan team is set to strengthen its market position, broaden the customer base of car dealers and manufacturers, and enhance digital operations to deliver faster, more convenient solutions for buyers and dealers alike.