Cardholders of Russian bank in Azerbaijan receive access to single ATM network

Azerbaijan Materials 12 January 2012 16:29 (UTC +04:00)

Azerbaijan, Baku, Jan 12 /Trend G.Veliev/

Cardholders of the Russian VTB bank in Azerbaijan and in some CIS countries have access to a single international ATM network of the VTB Group, consisting of more than six thousand ATMs, VTB Group said on Thursday.

It is noted that the VTB branch network in the seven countries of the CIS provides for the facility to obtain cash at VTB ATMs on the conditions of a 'home' network, regardless of the host country.

"At the moment none of the major Russian banks doing business abroad provide such a service to its customers," Deputy President-Chairman of the Board of VTB24 Dmitry Rudenko said.

This privilege applies to debit and credit cards of international payment systems Visa and MasterCard and is available to customers of VTB 24 banks (JSC), VTB Bank (Azerbaijan), VTB Bank (Armenia), VTB Bank (Belarus), VTB Bank (Georgia), VTB Bank (Kazakhstan) and VTB Bank (Ukraine).

ATMs of TransCreditBank and Bank of Moscow aren't included in the single ATM network of VTB Group in the CIS countries and Georgia is also not included at the moment and is only combined with a self-service VTB24network.

Geolocation service, which was developed by the VTB Group processing company Ltd. Multimap (an interactive map, with help of which the customers will be able to receive the information about the nearest ATM of the single ATM network in which the appropriate function is available) will help to find the appropriate ATM in the CIS and Georgia.

Cardholders of VTB bank in Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Ukraine, as well as VTB24 in Russia get access to the single international ATM network currently consisting of more than 6000 machines.

VTB Bank and its subsidiaries (the VTB Group) is a leading Russian banking group offering a wide range of banking services in Russia, CIS countries, Western Europe, Asia and Africa.

The major shareholder of VTB is Russia's government, which owns 75.5 per cent of the equity through the Federal Agency for State Property Management.