8 august 2011
Bank VTB (Kazakhstan) <>has opened a branch in Taraz City</>
On the 8th of August 2011 the ninth branch of the Bank in succession has opened doors to its clients in Taraz City – administrative center of Zhambyl oblast. A free standing three-storey building of the Branch is located in the central part of the city at: 111 “A”, Kazybek bi St. On the total area of more than 450 square meters the Bank will provide services to private and corporate clients.
The Branch in Taraz City is one more criterion of an orderly step-by-step realization of the strategy of development of branch network in the Republic of Kazakhstan for the year 2011.
The up-to-date Taraz is a large industrial centre and traffic center. Multinational population of the city numbers about 350 thousand persons. The big enterprises of food, light and chemical industry are gathered here. Enterprises of the city are carrying out foreign economic activity with more than 30 countries of the world. The most specific weight in the total volume of export comprises mineral fertilizers, white phosphorus, sodium tripolyphosphate, cattle coats, flour, ferrous metal rejects and scrap, etc.
Opening of the branch in this region will allow the corporate and private clients to estimate all of the advantages of products and services provided by the Bank. Flextime of work will also further that: Monday-Friday (09:00 a.m. – 8:00 p.m.), Saturday (09:00 a.m. – 3-00 p.m.), without rest intervals for launch, Sunday – day-off.
Legal entities – both big companies and medium business – may enjoy services related with documentary operations, foreign economic activity, and estimate lending advantages.
At the same time, the branch will provide a package of services throughout the whole product line of the Bank for private clients. Clients may open a term deposit, obtain secured and unsecured credit, transfer money and enjoy standard banking services, such as cash and settlement services.
“Due to membership of Bank VTB (Kazakhstan) in the international financial group VTB we may offer our clients a wide range of banking services and guarantee quality prompt servicing “ – the Chairman of the Management Board of Bank VTB (Kazakhstan) SO JSC – Sergey Nikolayevich Gussarov – commented opening of the branch in Taraz City.
For information only:
“Bank VTB (Kazakhstan)” Subsidiary Organization JSC is a 100% subsidiary Bank of the largest Russian Bank VTB OJSC.
Today VTB Group consists of more than 20 banks and financial companies in 19 countries of the world. The major shareholder of VTB is the Government of the Russian Federation.
The authorized capital stock of Bank VTB (Kazakhstan) amounts to 20 billion tenge. The Bank’s international “BBB-” rating/”Stable” forecast was affirmed by Fitch Ratings, which fact evidences its positive and stable financial condition. The Bank is carrying out operating activity in the Republic from the 01st of July 2009. At present 8 branches are opened in the following cities: Astana, Almaty, Karaganda, Pavlodar, Ust-Kamenogorsk, Atyrau, Aktobe, and Semei.