SDM-BANK reports 40% increase in number of issued plastic cards

In the second quarter of 2007 SDM-BANK increased the volume of credit card issue to 40% in comparison with the similar index of July 1, 2006. As of July 1, 2007 the number of cards emitted by the Bank is more then 90,000. The number of ATMs was 113.

Most of SDM-BANK plastic cards were issued in connection with the salary projects. Those, who get the salary on SDM-BANK cards, may use different credit products, including overdraft. Besides, in the second quarter of 2007 special mortgage programs for employers of business clients of the bank started. Simpler approval procedures, as well as reduced commissions are offered by the program. It is possible to replenish the account through SDM-BANK Plat-Forma terminals. There are 328 of terminals nowadays.

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China UnionPay cards initial issue in Russia From this very day Evrofinance Mosnarbank will begin to issue standard debit card in Russian Roubles bearing the CUP logo with “62” as the first 2 digits of PAN. Besides the CUP logo, the cards also bear the logo of Union Card, one of the biggest local bankcard organizations in Russia, thus the cards can be used both in the local network of Union Card in Russia and in the global network of China UnionPay. [Read...]