The Eurasian Bank and the Almaty City Prosecutor’s Office have signed a memorandum of cooperation to counter Internet and telephone fraud. The document provides for joint actions to protect citizens, increase their financial literacy and inform them about new fraud schemes.

The memorandum was also signed by CenterCredit Bank, VTB Bank (Kazakhstan), the Notary Chamber of Almaty and the Mir Apartments company.

Chairman of the Board of the Eurasian Bank Lyazzat Satiyeva emphasized:

“The fight against fraud is impossible through the efforts of one organization — the joint work of banks, government agencies, law enforcement agencies and society as a whole is important here. The Eurasian Bank is aware of its responsibility and systematically works to improve financial literacy. We shoot a series of anti-fraud educational videos, regularly publish current fraud schemes on the bank’s website, and train employees to recognize customers who are under pressure from intruders. We hope that all this will allow us to better understand the risks and manage our finances safely.”

The parties agreed to work together regularly to create information stands and brochures, which will be posted in bank branches and branches throughout the country.