AI Generates Every Tenth Ruble of Profit at WB Bank
WB Bank Chairman Georgy Gorshkov has outlined the role artificial intelligence plays in the earnings of one of Russia's largest fintech companies. According to him, AI already generates 10 percent of the bank's net profit, while up to half of its overall earnings are connected to AI technologies in a broader sense.
WB Bank reported net profit of 68.46 billion rubles in 2025 (about $877 million). Artificial intelligence is used across nearly all business processes, from assessing customer creditworthiness to generating content. In an interview with Kommersant-Dengi, Gorshkov also assessed Russia's position in the global fintech market, saying the country ranks among the world's top three.
Traditional banks will continue to occupy their niche, Gorshkov said, particularly for large and complex transactions where customers want additional assurance. The balance is changing, however, in the market for everyday payments.
At the St. Petersburg International Economic Forum 2026, the bank announced plans to launch an AI-powered electronic bank guarantee service for small and medium-sized businesses, as well as a digital lending platform for sole proprietors.
