Georgian VTB Bank Joining UNISTREAM Network in Georgia

VTB Bank Georgia joined the UNISTREAM International Payment System of Money Transfers. Twenty six service points of the VTB Georgian subsidiary will now accept and send money transfers. 

Fourteen offices of VTB Bank Georgia will operate in the UNISTREAM network in Tbilisi, and twelve offices in the regions. The bank has outlets in key cities of the country: Tbilisi, Kutaisi, Batumi, Rustavi, Marneuli, Telavi, Ozurgeti, Poti. VTB customers in Georgia may send and pick up both targeted (involving a specific bank office) and non-address UNISTREAM money transfers in US dollars and Euros.

“We already cooperate with VTB Group banks in Ukraine, Armenia and Kazakhstan, comments CEO of CB UNISTEAM OJSC Kirill Palchun. From now on, the customers of the Group banks may use the instant money transfer service in Georgia as well”.

During the period from January 1 to September 1, 2014 the aggregate money transfers via the UNISTREAM System in all VTB Group banks in Armenia, Kazakhstan and Ukraine amounted to almost USD 46 mn. 

VTB Group includes Russian VTB Bank and their credit & finance subsidiary organizations. VTB Group has an international network unique for Russian banks comprising over 30 banks and financial companies in more than 20 countries worldwide. VTB provide to their customers a full package of services in CIS, European, Asian and African countries. In the Russian banking market, VTB Group is ranked second in all the key result areas. The state share in the VTB capital makes 60.9%.

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