Product «Cash Loans» - became the most popular on number of requests to Contact-center of VTB Bank (Kazakhstan)

21.02.2014 In January 2014, «Cash Loans» of VTB Bank (Kazakhstan) has become the most popular product among potential clients, who applied to Contact-center of the Bank.

Thus, according to statistics about 40% of 12,5 requests were
related to this credit product of the Bank.

Dinara Zhakenova, Director of the Department of Retail Business Development of Subsidiary JSC VTB Bank (Kazakhstan): «Population's interest to «Cash loans» is due to beneficial conditions of this product. The loan does not require pledge and initial contribution, has good interest rates, herewith requires minimum package of documents from borrower».

«Cash Loans» are provided to nationals of the Republic of Kazakhstan who have reached 23 years and are ready to confirm a stable income. Loan is provided in the amount of 100 thousand to 3 million tenge for period from 6 to 48 months. Interest rate of the loan varies from 16%, annual effective interest rate - from 18,6%.

More information is available on the web-site of the Bank:

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%).