TROIKA-D BANK has chosen CardStandard PC
Under strategy of retail business development TROIKA-D BANK has successfully implemented the project on issuance and processing of Visa and MasterCard international payment systems’ cards on the basis of CardStandard Processing Center. The Project has been performed under sponsorship of a principle member of Visa and MasterCard – Credit Union “Payment Center”, part of CFT GC. Credit Union “Payment Center” is risk-free financial market participant providing no lending and other types of retail cooperation services.
Implementation of this project has essentially widened the range of bank’s retail services and became a significant stage of creation of a universal financial institute. Today Bank is actively developing product line for legal entities and individuals, creating POS network and implementing modern remote services and a wide range of payment cards transactions for customers. According to Expert RA Rating Agency, bank has essentially strengthened its position during 2013 and is holding 201st place (compared to 471st) by assets. Total loan portfolio as at May 1, 2014 comprised RUB 11bln.
Vladimir Akayev, Chairman of the Board of Directors of TROIKA-D BANK, comments cooperation with CardStandard PC:
— Key indicator of level of service offered by the bank is its service of payment cards processing. This is why the bank has made a decision for cooperation with CardStandard processing center, one of the most highly technological providers operating in the Russian market. We need a partner able to provide all range of customer transactions on payment cards on a tight schedule, and besides, resistant to financial market risks. One more important factor that has influenced our decision in favor of CardStandard are functional opportunities and technological effectiveness of the service. New options for payments and cashless transfers have been already added to the Bank’s service line which will definitely contribute to increase of bank’s client focus.
Partnership with CardStandard became a smooth continuation of cooperation of TROIKA –D Bank with CFT Group of Companies – currently the banks has successfully implemented such products as CFT-Bank automated bank system – centralized system for automation of operating, accounting and management activity of the bank; Faktura.ru is a provider of remote banking services for all categories of bank’s clients. Besides, in the bank there is a system of instant retail money transfers – Golden Crown – Money Transfer – covering 40 thousand locations in the territory of Russia and CIS countries.
TROIKA-D Bank CJSC has been operating in RF financial market since 2002. In 2004 CBR issued a license to the Bank for attraction to deposit and placement of precious metals, and at the end of 2007 CBR issued a license to the Bank for retail deposits management, the bank was entered into the register of banks participating in the mandatory deposit insurance system. Bank offers clients - individuals, legal entities and financial institutions - a wide range of services and products in the sphere of payment and cash services, investment and bank business and transactions in the financial markets. Bank enters TOP-200 Russian financial institutions and TOP-150 banks of the Moscow region by own funds. In March 2014 National Rating Agency has assigned ‘A-‘ credit rating according to the national scale, with positive dynamics of major financial bank’s indicators and great concern of owners in bank’s further development.