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Eurasian Bank and Monitise Create launch services

2 Jun 2014 09:00

RNS Number : 5716I
Monitise PLC
02 June 2014
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Eurasian Bank launches new mobile banking services with Monitise Create

June 2, 2014: Eurasian Bank today announced the launch of its groundbreaking new mobile banking service, designed and developed by Monitise Create, a division of leading global Mobile Money provider Monitise PLC. The full-service, multi-language mobile banking app is available on iOS (iPhone) and Android to the Bank's customer base that will exceed one million this year, with iPad and Windows Phone versions to follow.

Monitise Create was approached by Eurasian Bank to define, create, develop and launch a mobile banking proposition to reflect the bank's position as a key financial services innovator in Central Asia. The app, available in Russian, Kazakh and English, will provide all Eurasian Bank's retail banking customers with access to transaction history for multiple accounts, intra-account transfers, bill payments, the option to apply for credit, block transactions and an ATM, branch and POS finder.

Eurasian Bank is a universal commercial bank, serving customers in all regions of Kazakhstan. Named Best Bank in Kazakhstan by EMEA Finance in 2013 and 'Domestic Retail Bank of the Year' by Asian Banking and Finance in both 2012 and 2013, it has pioneered new banking products in Kazakhstan, including wealth management and self-service offerings that have established the bank's position as a market-leading innovator.

"The launch of our new mobile application is testament to the strength of our retail business and its drive to bring world-class innovations to banking in Kazakhstan," said Michael Eggleton, CEO Eurasian Bank. "This marks the next step in the journey that we've been taking to re-shape our services around the changing needs of our customers, reflecting how mobile is really at the heart of the future of banking services. "

Alistair Crane, CEO Monitise Create, said: "Pioneering mobile experiences are the cornerstone of what we do. In working with Eurasian Bank to both design and develop a market-leading mobile banking application for them, we've been able to apply our extensive experience in creating commercially game-changing mobile propositions to deliver something that's a real first for the region."

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About Eurasian Bank:

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Eurasian Bank is a universal commercial bank offering products and services to clients in all segments. The Bank was founded in 1994. It has branches and outlets in all regions of Kazakhstan and a subsidiary in Moscow, Russia. The Bank's accomplishments were acknowledged by the following awards: Best Bank in Kazakhstan in 2013 - EMEA Finance Best Bank in Kazakhstan - 2012 - Euromoney, , Domestic Retail Bank of the Year, Kazakhstan in both 2012 and 2013 - Asian Banking & Finance, and Bank of the Year 2012, Kazakhstan - The Banker.

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Eurasian Bank Press Service

press@eubank.kz

www.eubank.kz

Tel: +7 (727) 2 599 599 (ext. 5283)

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About Monitise Create

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Monitise Create is the strategic mobile partner to an impressive roster of FTSE businesses and global brands, applying 'human first' thinking to innovate all aspects of business through mobile technology. Clients include Whitbread, RBS, Barclays and Samsung.

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As part of Monitise (LSE: MONI), Monitise Create's work is underpinned by the most extensive, commercially successful Mobile Money technology in the world. Already 28 million consumers benefit from Monitise's patented technology to 'bank anywhere', 'pay anyone' and 'buy anything', accounting for $71bn of payments, purchases and transfers annually.

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For further information:

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Monitise plc

Tel: +44(0)203 657 0900

Alastair Lukies, Chief Executive Officer

Lee Cameron, Chief Commercial Officer

Brad Petzer, Chief Financial Officer

Mike Keyworth, Chief Information Officer

Investor Relations

Andrew Griffin, Haya Herbert-Burns

Tel: +44(0)203 657 0366

investorrelations@monitise.com

Media Relations

Gavin Haycock

Tel: +44(0)203 657 0362

Gavin.haycock@monitise.com

Canaccord Genuity

Simon Bridges

Tel: +44(0)20 7523 8000

Cameron Duncan

FTI Consulting

Tel: +44(0)20 3727 1000

Charles Palmer

Jon Snowball

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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