The subsidiary bank of Russia`s largest Bank VTB - SO JSC Bank VTB (Kazakhstan) has received Associated membership in the International Payment System VISA International, and began to issue its own payment credit cards.
Bank VTB (Kazakhstan) emits instant issue cards VISA Instant Issue, as well as the widely used cards VISA Electron, VISA Classic Unembossed, VISA Classic and VISA Gold.
Also Bank issues corporate payment cards VISA Business, designed to pay for entertainment allowance and travel expenses of employees of legal persons.
Payment card account can be opened as in tenge so in U.S. dollars, Russian rubles and Euros. Cards are available for residents and non-residents of the Republic of Kazakhstan who have reached age of 18 years, for a period of 1 year to 3 years. Annual service - from 200 to 20 000 tenge.
Owners of the payment card have an opportunity to draw additional cards for their family members (starting from 14 years).
Service of payment cards of Bank VTB (Kazakhstan) will be held at 25 ATMs on the territory of the Republic of Kazakhstan, as well as in POS-terminals located in the offices of the Bank. In 2012, the Bank plans to increase the number of ATMs all over the Republic up to 50 units.
One of the major advantages of cards of Bank VTB (Kazakhstan) is the ability to receive cash per rates of Kazakhstan VTB in ATMs of VTB Group. This is a big plus for those who frequently travel to Russia, Ukraine, Belarus, Georgia, Armenia and Azerbaijan.
Sergey Gussarov, Chairman of Board of SO JSC Bank VTB (Kazakhstan): "Bank VTB has one of the most developed network of branches and offices on the territory of Russia and CIS. Owners of our cards have the possibility to receive service in ATMs of VTB Group per our Kazakh tariffs, which is certainly beneficial and economical."
Dinara Zhakenova, The Head of Department of development of the retail business, SO JSC Bank VTB (Kazakhstan): "More and more people are convinced of the fact that payment cards are much more convenient than cash. With the card you do not need to declare money when traveling abroad, while traveling abroad it is much easier and safer to obtain local currency via bank card, rather than to exchange cash".
The design of payment cards uses images of Kazakh jewelry, which symbolizes the symbiosis of national origins and common standards of VTB Brand in their design.
Proprietary ATM network of VTB Group amounts to over 5500 units, of which 4500 units are in Russia.
SO JSC VTB Bank (Kazakhstan) – is a 100% subsidiary Bank of Russia`s largest VTB Bank, OJSC.
VTB Group - is more than 20 banks and financial companies in 19 countries of the CIS, Europe, Asia and Africa. The main shareholder of VTB – is Government of the Russian Federation (75.5%).
Equity capital of Bank VTB (Kazakhstan) is 20 billion tenge.
In RoK the subsidiary Bank operates starting from 1st of July, 2009. At the moment, 15 branches are opened in the cities of Astana, Almaty, Aktobe, Atyrau, Karaganda, Kokshetau, Pavlodar, Semei, Taraz, Ust-Kamenogorsk, Shymkent, Taldykorgan, Kyzylorda, Uralsk, Kostanai.
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