OREANDA-NEWS. May 30, 2008. Platina Commercial Bank celebrates these days the fifteenth anniversary since it registration at Central Bank of the Russian Federation.

For a Russian commercial bank fifteen years is a long term. Not all but just a few banks created in the beginning of the 1990s have lived to see the present day. Only the stable credit institutions have proved to be durable. Those are the institutions able to foresee the swift flowing changes of the Russian financial market very precisely and forestall them.

Platina bank is one of these successful and stable Russian banks. This bank is notable for its stability and reliability and that is what attracts very serious clients. It was not for nothing that it was one of the first Moscow banks accepted into the deposit insurance system.

However, stability does not mean stagnation. Platina Bank has been noted for strive for dynamic and innovative development during all years of its existence. The bank constantly develops and implements new products many of which become the bulk products.

The CyberPlat payment system which came into being 10 years ago became one of these products. It is currently the leader at the Russian market of electronic payments. Today this system not only covers the whole Russia having more than 170 thousand payment acceptance outlets, but works abroad as well: in Kazakhstan, the Ukraine, Uzbekistan. The turnover of the CyberPlat payment system comprised \\$ 4.73 billion in 2007.

Platina bank is dynamically developing new products. Recently, in addition to already existing full product line of VISA international payment system, the Bank jointly with CyberPlat Company released to the market the personal universal financial product Card+Web+Mobile Phone+Economy which is based on the card VISA Electron Instant Issue.