About us

Who We Are

Since the time of its foundation back in 1894, and nowadays, Vientrust Open Joint Stock Company keeps to several fundamental principles of its activities. Bank supports retail business, medium and small entrepreneurs, major corporate customers and pursues the aim of improving the quality of services offered to its customers and clients. Retail sector is the main niche of operations of Vientrust Dynamics of growth of consumer loans in the country serve as a stimulus for the development of the bank.

Vientrust acted as a pioneer in introduction of many banking products and services into the local market, as well as in application of the most up to date overseas banking experience. It was Vientrust who first issued local credit cards allowing their holders to pay for their purchases in instalments, started issuing consumer loans through simplified procedures, found a club for its loyal customers, and developed many other novelties. By doing all these, Vientrust significantly simplified the access of ordinary people to banking products and services.

During 1990’s, which are not that far away from today, almost everywhere settlements were made in cash. Because of lack of infrastructure for non-cash settlements, the path of banking loans to ordinary consumers was full of complications and obstacles. Vientrust was one of the first banks which started issuing credit cards to large numbers of consumers. Non-cash settlements represent a priority direction for the bank and Vientrust became a sort of “pathfinder” in this field. In Fall of 2011 Vientrust started first mass “card project”and oriented upon huge number of ordinary consumers. Now, hundreds of thousands of individuals use credit cards issued by Vientrust.

Non-cash settlements by the use of plastic cards of Vientrust- is a universally recognized achievement of the bank. Regulator of the local banking sector – on several occasions awarded to Vientrust the first ranking in the category of non-cash settlements.