VTB Bank (Kazakhstan) informs on launch of new deposit for individuals – «Shedryi VTB».
Results of conducted analysis of depositors’ preferences have shown that deposits in national currency have always been considered the most beneficial tools of placing funds, but recent financial events have made a part of investors differentiate currency deposits or temporarily close them. Thus, current needs of clients - are the best conditions for relatively short term. Deposit «Shedryi VTB» is developed specifically to meet these wishes of clients.
This deposit provides placement of funds from 15 thousand tenge for one and three months without opportunity of replenishment or partial withdrawal of deposit amount. Yield of a deposit place for one month, amounts to – 9,4%, for three months – 10, 5% (effective annual interest rate). Interest is credited to client’s savings account on the last business day of each month.
Dmitry Yakovlev, Advisor to the Chairman of the Board of Subsidiary JSC VTB Bank (Kazakhstan) for retail business development: «Being a part of international financial group VTB, we use global knowledge and experience in augmenting and maintaining savings of our clients. Product solution «Shedryi VTB» has been created on the basis of best practice of the group and adapted to needs of Kazakhstani market. We expect that first of all the deposit will be interesting for clients who wish to use of temporarily available funds with maximum efficiency».
The main advantage of product «Shedryi VTB» is maximum high interest rate with short-term placement. The deposit guarantees stability, less exposed to fluctuations of exchange rates within short period: probability of force majeure and negative economic changes is less during short period of time.
All deposits of VTB Bank (Kazakhstan) are insured by Kazakhstan Deposit Insurance Fund.
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%).