OREANDA-NEWS. Subsidiary Organization VTB Bank (Kazakhstan) JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following information statement:

"...On March 17, 2016 VTB Bank (Kazakhstan) announced the launch of an updated product for the retail segment. Now individuals can obtain "Unsecured Loans in Cash" in the amount of 5,000,000 tenge with a maximum repayment period up to 5 years. A loan can be provided based on an identity document only.

- Actions taken by the Government and the National Bank of Kazakhstan aimed at stabilization of economic situation in the country begin to produce positive results. The problem with liquidity in the market has been taken under control and we are glad to inform you about resumption of crediting for individuals in tenge based on an updated and improved product. We are confident that our clients are also happy about it, told Dmitriy Zabello, Chairman of the Board of Directors of VTB Bank (Kazakhstan)".