VESTA Bank implemented CFT-Electronic Archive
VESTA Investment Bank has successfully transferred its accounting documents for electronic storage in CFT-Electronic Archive. The CFT applications suite was part of the IT modernization project implemented by the Bank. VESTA Bank has already implemented such corporate applications suites as CFT-Management Accounting and CFT-Budget Planning earlier.
Bank moved its accounting documents for electronic storage fully in compliance with all the requirements specified in instructions No. 2346 of the Central Bank of Russia.
Apart from savings in resources and reduction of administrative expenses, electronic document storage will significantly reduce labor costs related to documents collection and printing. The result will be higher quality customer service in the Bank Operation Department achieved through faster service.
VESTA Investment Bank was established in 1992 and registered by the Bank of Russia on June 1, 1993 (license No. 2368). The Bank is listed in the Register of banks-members of the mandatory personal deposit insurance fund. The Bank is a member of MICEX, RTS, RBA, NFA, MICA and other associations and an associated member of VISA International payment system. Official website is www.ibv.ru