Press Releases

Renaissance Credit nullifies commissions for transactions on the Moscow Stock Exchange

5 May 2021

Renaissance Credit has cancelled its commissions for transactions on the Moscow Stock Exchange. From now on all clients of the “Investments” service can buy and sell securities, bonds and foreign currencies without any additional expenses.

The mobile service “Investments” was launched by Renaissance Credit in January 2021. In March it won the “Financial Elite of Russia” award in the nomination  “Start of the year in the segment of services for investors”. The service provides clients of the bank with a quick and convenient access to exchange-traded instruments and operations of the stock and currency markets

The service has been developed in a way which ensures the information is presented in a convenient and easy to understand fashion. For example, opening of a broker account takes just several minutes and does not require any additional documents. Withdrawal from the account and its replenishment are free. There is no monthly commission for servicing the account.

Comment by Victor Kasyanov, Vice-President, Director of Investment Department at Renaissance Credit bank: “The product has been gaining popularity with our clients since it is a high-quality alternative to deposits. We are trying to make the “Investments” service as convenient as possible, and now the terms on which they can make transactions has been made as beneficial as possible”.