VTB (Kazakhstan) doubled the scope of FEA contracts

04.12.2023

VTB (Kazakhstan), at the end of January-October of the year, increased the scope of concluded contracts in the framework of foreign economic activity to KZT12.4 trillion. This is twice as much as in the same period last year. The number of contracts for the reporting period increased three times and exceeded 11.3 thousand.

"Today, VTB (Kazakhstan) is one of the leading banks in the country that helps Kazakhstani businesses conduct active foreign economic activities with partners from Russia and Belarus. We provide companies with convenient digital services, unlimited access to foreign exchange transactions and the necessary infrastructure. In addition, the Bank has many years of high-quality expertise in foreign economic activity. Our specialists are ready to advise participants on even the most complex issues of international banking and changes in currency legislation," commented Olesya Akylova, Director of the Corporate Banking Department of VTB (Kazakhstan).

The main functionality for foreign economic activity is available to customers in the VTB Business Internet Bank. In it, users can transfer to any Russian bank in one day, buy or sell roubles at a favorable exchange rate, and register foreign currency contracts within two hours. In addition, the Bank provides all participants in international transactions with a preliminary examination of draft currency agreements and regularly informs them of all changes in Kazakhstan's currency legislation.