In the I quarter of 2014 volume of transactions of trade acquiring of VTB Bank (Kazakhstan) has increased by 332%

25.04.2014 In the I quarter of 2014 turnover for payment of goods and services in acquiring network of VTB Bank (Kazakhstan) in comparison with the IV quarter of 2013 has increased by 332%, number of transactions has increased by 117%.

asic growth of volume indicators has been achieved through expansion of cooperation with companies, including supermarkets, gas stations, pharmacies, clothing stores, hotel complexes, restaurants and other organizations that accept for payment bank cards of Visa Int. payment system.

Dmitry Yakovlev, acting Deputy Chairman of the Board – Member of the Board of Subsidiary JSC VTB Bank (Kazakhstan): «In accordance with legislation since July 1 of this year, POS-terminals for accepting payments by payment cards shall be installed in all places of conducting trade and providing service. Today VTB Bank (Kazakhstan) satisfies most of applications for installation of terminals. During the reporting period park of POS-terminals for entrepreneurs has increased by 145%. The largest share by number and volume of transactions with the use of payment cards of the Bank is the share of Pavlodar, Kostanay and Almaty».

Average monthly increment of sales turnover on cards approximately amounts to 81%, increment of conducted transactions – 41,5%. Availability of powerful modern technologies ensuring high level of security provides high-speed transmission of operations and quality servicing of partners 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.
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 customers, investment and banking and additional financial services including leasing, factoring, insurance and pension coverage.