The holders of payment cards of VTB Bank (Kazakhstan) have conducted more than 129 thousand transactionsSince the beginning of 2014

12.11.2014 Following the results of October 2014 holders of payment cards of VTB Bank (Kazakhstan) have conducted more than 129 thousand transactions through POS-terminals network all over the world and internet-banking system totaling more 2 billion tenge.

According to information of specialists of the Bank, in comparison with the same period of 2013, the number of non-cash transactions has increased by 96%, and the total amount –by 78%.

DmitryYakovlev,DeputyChairmanoftheBoard – MemberoftheBoardofSubsidiaryJSCVTBBank (Kazakhstan):«Since the beginning of the year, the number of non-cash payments conductedin the territory of Kazakhstan by means of payment cards has increased more than two times–up to 90 thousand transactions in comparison with the same period of the last year. Talking about the number of transactions outside the country, I also can note their increase more than one and a half times – up to 42 thousand transactions. Of course, while these are small market indexes, but considering that we have started developing card business relatively recent, it is possible to forecast increase of market share in the medium term».

Positive dynamics is also noted in the number of active cards in circulation. So the number of active cards following the results of October 2014 has exceeded 46 thousand, while last year thisindex has barely exceeded 29 thousand.

For reference:
SO JCS VTB Bank (Kazakhstan) - is 100% subsidiary Bank of the largest Russian OJSC VTB Bank. License of the NB of the RK No. 1.2.14/39 dated 06.10.2014.
The Bank was assigned international rating at the «BB+» / «Negative» forecast level from Standard & Poor’s Agency. The Bank is the participant of deposit insurance system. VTB Bank and its subsidiaries form international financial group which conducts its activities in Russian and foreign markets. VTB Group consists of more than 20 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 complete 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.