Starting from February 2019, VTB Bank (Kazakhstan) acquired direct access to the trading on exchange market of the Moscow Exchange. Exchange market of the Moscow Exchange is one of the most liquid segments of the integrated exchange market of the EEU member-states and provides its participants with a wide range of available tools.
“Financial interaction within the Eurasian Economic Union (EEU) is of great importance in order to preserve the economic stability of the region. Greater access to the exchange marker of the EEU member-states is another step to the strengthening of the business communications and development of the mutually beneficial cooperation within the Eurasian space. New opportunities that lay before the VTB Bank (Kazakhstan) in view of acquiring the direct access to the exchange market of the Moscow Exchange, allow improving the product lime and service for our clients”, - Chairman of the Board of VTB Bank (Kazakhstan), Dmitry Zabello, noted.
Today, 14 banks from five countries of the Eurasian Economic Union (EEU/EAEU) have direct access to the exchange market of the Moscow Exchange, among them, two international financial institutes: Interstate Bank and Eurasian Development Bank (EDB). Their cumulative trading volume in 2018 increased compared to 2017 by almost three times and reached 1.9 tln roubles.
At the moment, trading for the following pairs are also conducted on the exchange market of the Moscow Exchange: “US dollar – Russian rouble”, “Euro – Russian rouble”, “Chinese yuan – Russian rouble”, “Euro – US dollar”, “Hong Kong dollar – Russian rouble”, “Japanese yen – Russian rouble”, “Pound sterling – Russian rouble”, “Pound sterling – US dollar”, “Swiss franc – Russian rouble”, “Swiss franc – US dollar”, “Turkish lira – Russian rouble”, “Turkish lira – US dollar”, “Belarussian rouble – Russian rouble”, “Kazakhstani tenge – Russian rouble”. At year-end 2018, average daily traded value on the exchange market was 22 bln US dollars.
Information:
Subsidiary VTB Bank JSC (Kazakhstan) is member of VTB international financial group. The Bank has successfully worked more than 9 years in the financial market of Kazakhstan. To date, Subsidiary VTB Bank JSC (Kazakhstan) has a branch network, consisting of 17 affiliates, located in all regions of the country. According to S&P Global Ratings, VTB (Kazakhstan) has one of the highest credit ratings among all second-tier banks of Kazakhstan. The Bank's Central Office is located in Almaty. The license of the National Bank of the Republic of Kazakhstan No.1.2.14/39 dated December 23, 2014.
For additional comments you can always contact the press-service:
Arina Pirogova
Subsidiary VTB Bank JSC (Kazakhstan)
Tel: 8 (727) 330 59 20 int. 59 20
e-mail: A.Pirogova@vtb-bank.kz
web: www.vtb-bank.kz