OREANDA-NEWS. October 12, 2011. The Bank of Moscow and NPF VTB Pension Fund have announced launch of co-operation on provision of mandatory pension insurance services for Russian citizens. Advice can already be obtained at a number of the Bank’s branches in Moscow and St. Petersburg on ways to create personal pension capital and transfer the cumulative part of one’s future pension to NPF VTB Pension Fund. In the future, such services will be available at any back-up office of the Bank of Moscow anywhere in Russia.

"The majority of the Bank of Moscow’s clients remain loyal over many years, which confirm the professionalism of the Bank staff and compliance with high standards of service", says Executive Director of NPF VTB Pension Fund Larisa Gorchakovskaya. "Our Fund has extensive experience of operating in the pension market, supported by unique technologies. Thanks to our joint project, the Fund’s products in most demand have become available to Bank of Moscow clients as well. We hope this is the start of long-term co-operation".

In order to conclude a mandatory pension insurance agreement and transfer one’s pension savings to NPF VTB Pension Fund, simply bring your passport and pension insurance certificate one of the Bank’s back-up offices, where qualified staff will answer all your questions and help draw up the requisite documents.

"Co-operation with NPF VTB Pension Fund is the next step in integration of the Bank of Moscow into the VTB Group", commented Alexander Yastrib, First Deputy of the President — Chairman of the Board of the Bank of Moscow. "Since beginning to co-operate with companies belonging to the VTB Group, branches of the Bank of Moscow are becoming financial supermarkets offering not only traditional banking services but also auxiliary financial services".

Clients NPF VTB Pension Fund have round-the-clock access to free services: a call centre for questions relating to pensions and the work of NPF VTB Pension Fund and an electronic system for monitoring the status of your pension account in your "Personal Web Office" on the Fund’s website. The Fund is currently preparing the infrastructure for coming cumulative part payments in 2012 and all you will need to do to arrange a pension is contact a Fund office or one of the partners of NPF VTB Pension Fund.