VTB Bank (Kazakhstan) has increased the number of money transfers by 74 % in 2013

07.02.2014 In 2013, Subsidiary JSC VTB Bank (Kazakhstan) has increased the volume of money transfers by 1,7 times or 74% in comparison with 2012.

Number of sent transfers for the reporting period has amounted to
36,8 thousand totaling 45,9 million US Dollars
( in 2012 - 20,1 thousand and 23,7 million US Dollars respectively).
Number of paid transfers has exceeded 16 thousand totaling 15,4 million US Dollars ( in 2012 – 10,3 thousand and 10 million
US Dollars respectively).

Dinara Zhakenova, Director of the Department of Retail Business Development of Subsidiary JSC VTB Bank (Kazakhstan):
«Today, we offer the service of sending and receiving money transfers via Western Union, Contact, Golden Crown and Unistream systems. Each of them has its advantages in tariffs, speed of money passage, geography and additional services. Our experts will help to choose the most optimal variant for each client».

In 2013, the cities of Almaty, Taraz, Shymkent, Astana and Petropavlovsk became the leaders on conducting transfers, herewith the largest number of transfers - about 39% of total volume of transfers, was conducted via Contact system.

In 2014, main perspective direction of work of VTB Bank (Kazakhstan) on money transfers is the promotion of existing transfer systems, improvement of quality of customer service, as well as the development of new services for payment systems.

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. The branch network of VTB Bank (Kazakhstan) covers 17 cities and amounts to 24 points of sales. 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%).