Six weeks after being given the go-ahead to set up a JV with VTB Bank to create the country’s biggest retail bank, Russian Post is now thinking of launching an e-commerce platform to export Russian goods, its CEO Dmitry Strashnov told a press conference this week. The idea stems from government attempts to expedite the export of Russian goods to overseas customers.
“Russian Post could play a serious role,” he said, but it would not be looking to create a monopoly.
Last month, the Kremlin approved the establishment of Post Bank, a JV between Russian Post and VTB’s Leto Bank subsidiary that would use its network of regional post offices to provide banking services in remote Russian regions, particularly for pensioners.
Source: rbth