ECONOMY


UNIBANK ENTERED VISA INTERNATIONAL SYSTEM

Unibank has become an associated member of the international payment system Visa International. This decision was taken at a regular meeting of Visa International Board held on October 9, 2003 in London, as a result of negotiations between two organizations having been held since April. About 50 percent of the world plastic card market comes to the share of Visa International.

Unibank’s joining Visa International membership gives a chance to start the issue of international plastic cards VISA scheduled to end-2003 and plays an important role in working out of new banking products and technologies. The bank intends to offer its customers 5 different kinds of VISA’s products - VISA GOLD, VISA BUSINESS, VISA CLASSIC, VISA ELECTRON and VISA INTERNET.

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