The new loan "Top Middle" for medium-sized businesses from VTB Bank (Kazakhstan)

VTB (Kazakhstan) is a subsidiary bank of the largest Russian bank VTB brought to market a new product for medium-sized businesses “ Top Middle”.

This product is based on the analysis of the funding needs of Kazakh companies.
Target audience - corporate customers, residents of the Republic of Kazakhstan, working in the market for at least 2 years, and have existing contracts with major companies of the country.

Loans are available in tenge, U.S. dollars and Russian rubles, in the form of a revolving credit line for 2 years in tranches.

Olga Khudiyeva, Director of Corporate Business Development SO JSC VTB Bank (Kazakhstan): "In Kazakhstan, a large number of subcontractors on a daily basis are in need of fast and convenient financing schemes. Our new product "Top Middle" is to make the most of a simplified procedure for granting loans to medium-sized businesses. "

Sergey Gusarov, Chairman of SO JSC VTB Bank (Kazakhstan): "Today we are concentrating our efforts on" growth points "- the most promising products and segments in terms of revenue. Group VTB is represented in 19 countries in the world, no other bank which "glows on the map", so many points. Accordingly, the Kazakh VTB Bank has significant resources to effectively lending the benefit of the client".

Reference:
VTB Group - has more than 20 banks and financial companies in 19 countries of the CIS, Europe, Asia and Africa. The major shareholder of VTB is The Government of the Russian Federation (75.5%).

SO JSC VTB Bank (Kazakhstan) - a 100% subsidiary of Russia`s largest bank VTB.
The authorized capital of VTB Bank (Kazakhstan) is 20 billion.
The Bank operates in 17 cities of Kazakhstan.