Moody's: CIS lags behind EU in online banking penetration
  • ECONOMY

  • 10:49 14 May 2019

Moody's: CIS lags behind EU in online banking penetration

The Commonwealth of Independent States (CIS) lags behind EU in online banking penetration, though it is in line with the global average, ONA reports citing Moody's Investors Service.

According to the report of the Service, Russia’s digitalized banking services take a clear lead in CIS.

Moody's expects Russia to continue leading the CIS in banking service digitalization as the use of smartphones and online banking increases.

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