Colombia runoff tests Latin America's rightward turn as Trump backs "El Tigre"
36 minutes ago
Leading Russian online bank T-Technologies, formerly known as Tinkoff Bank, reported a 49% year-on-year increase in total revenue to RUB1.4 trillion ($15.6bn) for the year ended December 31 2025, supported by customer growth and higher interest income, according to a company press release on March 19.
Fourth-quarter revenue rose 12% year-on-year to RUB378bn ($4.2bn), while operating net profit attributable to shareholders increased 43% over the full year to RUB174.4bn ($1.9bn), exceeding company guidance. Quarterly profit climbed 41% to more than RUB54.4bn ($600mn).
The group’s customer base continued to expand, with monthly active users rising 6% to 34.3mn and total customers reaching 54.1mn. Total turnover from customer purchases increased 11% to RUB9.8 trillion ($109bn).
The company’s President Stanislav Bliznyuk said the company was maintaining growth while investing in future technologies. “We continue to strengthen our key operating and financial metrics. Today, T-Technologies represents RUB 1.4 trillion in revenue, 54 mn customers and around 17% of the country’s retail turnover,” he said. “In 2026, we are focused on sustaining high-quality growth across all key business segments, while maintaining an emphasis on efficiency and profitability.”
He added that artificial intelligence would play a central role in long-term strategy. “According to various estimates, AI will add around USD 7 trillion to global GDP… At T, we aim to be a driver of this transformation,” Bliznyuk said.
Net interest income rose 37% to RUB520bn ($5.8bn), while fee and commission income increased 29% to RUB235bn ($2.6bn). However, funding costs rose, with interest expenses up 82% to RUB551bn ($6.1bn), reflecting higher market rates.
Chairman Alexey Malinovsky said the board had recommended a quarterly dividend of RUB45 per share, bringing total 2025 dividends to RUB149, up 20% year-on-year. “In 2026, we plan to increase total annual dividend payments per share by more than 20%, supported by targeted annual growth in operating net profit of 20% or higher,” he said.
The group also confirmed plans for a 1-for-10 share split in April and continued share buybacks, alongside investment in its automotive ecosystem, including the acquisition of Auto.ru.
Don’t just follow the news—understand it.
The IntelliNews PRO service includes access to reports, exclusive market data, and more news that decision-makers care about. Stay ahead of the market with IntelliNews PRO.
Sign Up NowRelated Content
News
.jpeg){kind=spacer}
Colombia runoff tests Latin America's rightward turn as Trump backs "El Tigre"
Donald Trump has made Colombia's presidential runoff his own, repeatedly endorsing far-right outsider "El Tigre" and warning that a leftist victory would wreck ties with Washington.
Bulgaria to veto EU Russia sanctions if Patriarch Kirill targeted
Bulgaria will veto the EU’s next sanctions package against Russia if it includes measures targeting Russian Orthodox Patriarch Kirill, Prime Minister Rumen Radev said.
Iraq finalises transport plans for Ashura and Arbaeen pilgrimages
Iraq has completed a series of operational plans to facilitate the movement of pilgrims during the upcoming Ashura and Arbaeen religious observances, as authorities prepare for the arrival of millions of visitors to the holy cities.
ING flags risks to Hormuz reopening as US-Iran MoU starts the clock on talks
ING warns markets are too optimistic on how fast the Strait of Hormuz will reopen under the new US-Iran MoU, with mine clearance and insurance set to slow the return of oil flows for months.
