TCS Group Holding PLC

Detailed Description

TCS Group Holding PLC, through its subsidiaries, engages in the online retail banking, insurance, mobile services, and asset management businesses in Russia. It operates through seven segments: Consumer Finance, Retail Debit Cards, InsurTech, SME Services, Acquiring and Payments, InvestTech, and Mobile Virtual Network Operator Services. The company offers customer current accounts; savings and deposits products; and cash, consumer, car, and secured loans to individual entrepreneurs and small to medium businesses. It also provides custody services; credit and debit cards; and online brokerage services to individuals, entrepreneurs, and small and medium sized business through Internet, mobile, and direct sales agents and partnerships. In addition, the company offers insurance products, including accident, personal property, travelers', financial risks, and auto insurance; mobile virtual network services; payment processing services; and micro-finance services, as well as debt collection agency services. The company was formerly known as Egidaco Investments PLC and changed its name to TCS Group Holding PLC in September 2013. The company was incorporated in 1999 and is based in Limassol, Cyprus. TCS Group Holding PLC is a subsidiary of Guaranty Nominees Limited.