VTB Bank (Kazakhstan) has raised interest rates on deposits of individuals


VTB Bank (Kazakhstan) announces an increase of maximum interest rates on newly attracted deposits of individuals. From March 1, 2014 nominal interest rate in tenge amounts to 10% per annum, in foreign currency – 3,5% per annum.

Maximum effective rate amounts to 10,5% per annum - in national currency and 3,6% per annum - in foreign currency that meets requirements of Kazakhstan Deposit Insurance Fund.

Dmitry Yakovlev, Advisor to the Chairman of the Board of Subsidiary JSC VTB Bank (Kazakhstan) for retail business development: «The main criterion for depositor when choosing one or another bank are high, competitive interest rates. We raise rates on term deposits to let our clients to keep their savings with high profitability and maximally comfortably».

VTB Bank (Kazakhstan) offers depositors beneficial ways of placing personal savings with flexible system of fixed interest rates of remuneration, stable level of profitability and reliability provided by membership in international VTB Group and participation in Kazakhstan Deposit Insurance Fund.

In order to open a deposit, you need to visit the nearest branch of VTB Bank (Kazakhstan) and have original of a document certifying identity. Specially for saving time of our clients, on the basis of applications submitted to the web-site, we assign the most convenient time to visit Bank and provide detailed advice on selection of a deposit taking into account needs and wishes of our clients.

Specially for convenience of our clients branches of the Bank are open until 20.00 on weekdays.

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%).