In VTB Bank (Kazakhstan) volume of lending to individuals exceeded 24,8 billion tenge for 10 months

28.11.2013 Loan portfolio of individuals of Subsidiary JSC VTB Bank (Kazakhstan) following the results of 10 months of 2013 exceeded 24,8 billion tenge, showing growth by 69% in comparison with the same period last year.

Volume of loans issued to people, excluding credit cards amounted to 13,9 billion tenge. Herewith cash loans were the most popular in the reporting period. Share of this direction of lending amounted to 48% of total portfolio of individuals, having increased by 15% in comparison with the same period of 2012.

As of November 1, 2013 total number of credit cards of VTB Bank (Kazakhstan) amounted 961 cards, including active - 463 cards. Volume of credit card portfolio of the Bank exceeded 99,5 thousand tenge.

We remind that VTB Bank (Kazakhstan) offers cash loans without collateral and initial contribution for period from 6 to 48 months, as well as credit cards with grace period up to 60 days and with credit limit amount up to 2 000 000 tenge.

For reference:
SO JCS VTB Bank (Kazakhstan) - is 100% subsidiary Bank of the largest Russian VTB Bank OJSC. License of the FSA of the RK No. 1.1.259 dated 22.05.2009.
The Bank was assigned international rating at the «BBB-» / «Stable» forecast level from Standard & Poor’s Agency that indicates its positive and stable financial condition.

VTB Bank and its subsidiaries form international financial group which conducts its activities in Russian and foreign markets. VTB Group consists of more than 30 banks and financial companies in 20 countries of the CIS, Europe, Asia and Africa. The major shareholder of VTB – is the Government of the Russian Federation (60,9%). VTB Group provides full range of financial services, including bank servicing of private and corporate clients, investment and banking and additional financial services including leasing, factoring, insurance and pension coverage.