BELARUSBANK ISSUES FIRST EMV BANK CHIP CARD IN BELARUS
These applications improve the compatibility options of bankcards and provide additional services. Cards of the kind may be used in client loyalty projects [systems of discounts], as IDs and let-passes, telephone cards, subway passes, etc. New applications may easily be installed after every operation with the EMV card.
Belinvestbank will provide at least $130 million in loans for state investment and innovation programs within five years. This target is part of the bank’s development program for 2006–2010 approved by the government and the National Bank of Belarus.