VTB News (Kazakhstan)

10 september 2012

VTB Bank (Kazakhstan) renders <>“Overdraft for the small business subjects”</>

VTB Bank (Kazakhstan) informs of introduction of a new product, Overdraft, which will provide the small business subjects with possibility to obtain additional floating assets to cover the short-term needs.

The main advantage of this new product is possibility to obtain from KZT 300 000 to KZT 30 000 000 for a period of up to 12 months without pledge.

The funds obtained under Overdraft may be used to replenish the floating assets and to cover the temporary monetary gaps of the Customer related to current operational activities: settlements with counterparties, execution of tax liabilities, payroll and etc.


For reference

VTB Bank and its subsidiary companies form an international financial group which has been carrying out its activity at Russian and foreign markets. VTB Group is represented by 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 Russian Federation (75,5%).

VTB Bank has been rendering a wide range of the services and offers the international standard and quality bank products to the legal entities and individuals in the Republic of Kazakhstan. The branch network of VTB Bank (Kazakhstan) is represented by 24 sales points in 17 countries of Kazakhstan.