Home News & events Press Releases 2008 Bank Saint Petersburg achieves Principal Member status


bspBank Saint Petersburg has successfully completed the certification of its in-house processing centre for issuing and acquiring with the international payment system MasterCard achieving Principal Member status. The certified processing centre is built on software developed by Compass Plus.

According to Pavel Philimonenok, Deputy Chairman of the Board, “the successful certification of the Bank’s processing centre with MasterCard Principal Member status, demonstrates the bank’s highly reliable and effective security facilities and technology.” Due to the time-proven synergy between the bank and Compass Plus, the certification process was completed efficiently and within the set timeframe without affecting the quality of the services offered to MasterCard holders.

Bank Saint Petersburg is one of the largest regional banks in Russia. The Bank operates in St. Petersburg, Leningrad region, Moscow, Kaliningrad and Nizhny Novgorod. The Bank holds a strong position in all major markets of banking services from lending, security operations, plastic cards, cash management services, foreign exchange, market resources, business and individual to the interbank credit market. Thanks to their efficient business strategy and adherence to customer values the bank maintains its reputation as a strong and reliable partner.

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