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. Last Updated: 07/27/2016

Europay Center Opens

MOSCOW () -- Bank Rossiisky Kredit on Friday announced the opening of a new settlement center for credit-card operations affiliated with the Europay/Mastercard network.

Dmitry Lyubinin, the bank's chief executive officer, said Rossiisky Kredit will offer the center's services to its clients and more than 700 correspondent banks. It is the fourth Europay system in Russia, officials said.

The head of the new center, Pavel Ivanov, said that next year all Rossiisky Kredit clients will be eligible to receive Mastercards through the new center.