Temirbank JSC (Kazakhstan) informed on getting MasterCard International principal member status
18.07.08 17:42
/KASE, July 18, 08/ - Subsidiary of joint stock company Bank TuranAlem -
joint stock company Temirbank (Almaty, in the headline - Temirbank JSC), the
listed company of Kazakhstan Stock Exchange (KASE), provided today to KASE
the press release of July 16, 2008 of the following content:
Quotation start
At the end of June 2008, Temirbank JSC became the principal member of the
international payment system MasterCard International and got the license for
issue and servicing of cards of the international payment system MasterCard of
categories Cirrus/Maestro, MasterCard Standard, MasterCard Gold and
MasterCard Platinum.
The principal member status is assigned only to financial institutions with the
sustainable financial indicators, business reputation and appropriate experience
of work in the card business. The principal member status of the payment system
allows the bank independent developing of tariffs for servicing of payment cards
and provision to its client quality and continuous services.
From 2002 Temirbank JSC has already been the member of Visa International
and American Express international payment systems. Entry of the bank to
MasterCard International system will allow the bank in the nearest future to
master the issue of credit and debit cards MasterCard and Maestro, and thus to
improve services on card products, and to extend the product line and increase
the clients' base.
Temirbank JSC stakes on innovations. The bank is planning till the end of the
year to introduce 300 modern cash dispensers, more than 100 payment terminals
and 750 POS-terminals. The bank is actively introducing innovative methods of
servicing of its clients and is one of the key players of the card business of
Kazakhstan.
МasterCard WorldWide - the international payment system, joining 22 thousand
financial institutions in 210 countries of the world.
Press-service,
2587889 (ext. 5400)
Quotation end
[2008-07-18]