Kozliar said clients would be offered a deposit card with an annual interest rate of 14% initially, and lending products would be launched in the near future.
OTP is spending €40 mln on the launch and has already began test operations in Nizhny Novgorod, Rostov-on-Don, Samara and Volgograd, the paper said, adding that the only lender to offer branchless banking in Russia at present is Tinkoff Bank.
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