VTB Bank (Kazakhstan) offers new beneficial products for small businesses

12.06.2014 VTB Bank (Kazakhstan) announces the launch of new products for representatives of small businesses – «Express-account» and term deposit of «Beneficial».

Deposit of «Beneficial» allows managers of small businesses to effectively place their spare funds on bank deposit for getting an additional profit. The deposit differs by flexible terms as customers have an opportunity to replenish and expend funds from a savings account at any time.

Developing new products, VTB Bank (Kazakhstan) primarily focuses
on wishes of customers. Deposit of «Beneficial» for small businesses of all industry lines is maximally beneficial for seasonal business owners and organizations that periodically have spare funds - their rational placement will allow to earn additional income without risk for business.

New product of «Express-account» is developed for efficient management of funds within a group of companies. Funds of a group of companies are consolidated on account of one company selected as a holder that will allow to execute uninterrupted payment for provided services or goods for the whole group of companies during operational day.

Dmitry Yakovlev, Deputy Chairman of the Board of Subsidiary JSC VTB Bank (Kazakhstan): «Stability and financial reliability, quality and speed of servicing - are the key advantages of VTB Bank (Kazakhstan). Therefore, we expect that our new offered product – «Express-account» will be among the most demanded by small businesses, because it minimizes financial expenses within a group of companies and allows quick distributing of cash flows within it in automatic mode. And new special deposit of «Beneficial» will help companies to earn extra income from placement in the Bank of temporarily spare funds».

For reference:
SO JCS VTB Bank (Kazakhstan) - is 100% subsidiary Bank of the largest Russian OJSC VTB Bank. License of the FSA of the RK No. 1.1.259 dated 22.05.2009.
The Bank was assigned international rating at the «BB+» / «Negative» forecast level from Standard & Poor’s Agency. 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%).