VTB News (Kazakhstan)

19 april 2013

VTB Bank (Kazakhstan) payment cards – we are trusted!

VTB Bank (Kazakhstan) informed that it issued above 6 000 EMV payment cards for three months. These cards render great opportunities for holder thereof and have the highest level of protection in the industry of payment cards.

It is worthy of noting that VTB Bank (Kazakhstan) JSC SO transferred to new standard from January 11, 2013.

EMV (Europay, MasterCard , VISA) — is an international standard for transactions on the bank cards with chip developed by joint efforts of Europay, MasterCard and Visa and to increase the level of financial transactions safety.

The major advantage of EMV card is high protection against falsification and, accordingly, against fraudulent operations due to built-in chip. The significant advantage of such cards is also the fact that they are not susceptible to magnetic fields influence.

Roza Ismangaliyeva, Head for the Bank Cards Administration of VTB Bank (Kazakhstan) JSC SO, said, “VTB Bank (Kazakhstan) transferred to qualitatively new level of service of our customers-holders of cards. We are glad that the customers appreciate our efforts and trust us their funds. VTB Bank (Kazakhstan) is constantly looking for new financial services of European quality which provide the customers with comfortable life.

You can obtain new EMV card or replace the payment card with magnetic strip with EMV payment card in any department of VTB Bank in Kazakhstan.

For reference:

VTB Bank (Kazakhstan) JSC SO – is 100% subsidiary Bank of the largest Russian VTB Bank OJSC.

The Bank is a principal member of Visa International Payment System and it have the right for own issue of payment cards.

On November 30, 2012, VTB Bank (Kazakhstan) JSC SO connected direct inter-host connection to Halyk Bank of Kazakhstan JSC.

VTB Bank and its subsidiaries form international financial group which carries out its activity at Russian and foreign markets. VTB Group consists of above 20 banks and financial companies in 19 countries of the CIS, Europe, Asia and Africa. The major shareholder of VTB – Government of the Russian Federation (75,5%). VTB Group has been rendering a complete range of the financial services, including bank service of private and corporate customers, investment and bank and additional financial services including leasing, factoring, insurance and pension coverage.