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Altyn Bank Started its Digital Platform

Altyn Bank Started its Digital Platform

On Tuesday, Altyn Bank has announced the start of the digital platform Altyn-i. According to Askar Smagulov, the manager in chief, it is not just the Internet and mobile banking, it's the system of granting banking services, essentially new to the Kazakhstan market.

As Mr. Smagulov noted, each client can receive any financial data concerning to him or her by clicking three times, according to Vlast.

Altyn-i, which includes 12 IT solutions, has been developed in 6 months by consulting companies Accenture and AT Consulting.

Altyn-i platform is approached as the venture project. The basic task is to create a convenient product which shows the perfect result of internet banking, according to a chairman of the bank.

All the expenses of the project have been-been approved by effective results. Last year, the bank service earned more than T6,5 billion and bank managers have an opportunity to invest more in the development of IT technologies.

the business model of "Altyn-i" allows to avoid the commissions for rendering services which is being taken by traditional banks, he says.

For the record, Altyn Bank is the subsidiary company of Halyk bank. The bank rates in the 17th place among 35 commercial banks of our country. It has the volume with the sum of 318,5 billion tenges and loan portfolio T91 billion. And the own capital of the bank is exceeded to 34,5 billion tenges.

"Halyk bank" has bought Altyn Bank from the British HSBC group. The process of owning ended up by full of 2014.

Written by Zholdas Orisbayev, follow on twitter: @joldas_os

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