MTS Bank and Detsky Mir give bonuses for purchases

MTS Bank and Detsky Mir have launched co-branded cards with increased bonuses. Now the shoppers will be able to make purchases with the help of credit or prepaid Detsky Mir – MTS Bank cards, and use the bonuses to pay for up to 100% of products in Detsky Mir retail stores. 1 bonus = 1 ruble.

The main advantage of these cards is that the bonuses are awarded not only for purchases in Detsky Mir stores but for purchases in any other trade outlets. There is no limitation on the total sum of accumulated bonuses. By paying for your daily purchases with your co-branded card, you will be able to save on your purchases in Detsky Mir stores.

Additional bonuses will be awarded for purchases with Detsky Mir – MTS Bank credit card: 12.5 bonus points for each RUB 150 of purchases depending on the category of the product. In other trade outlets you will get 2 bonus points for each RUB 150 spent. The maximum limit on the credit card is RUB 299,999, with the interest-free period of up to 51 days. The card will be issued free of charge, and there will be no service fee during the first year (subsequently, the service charge will be RUB 590).

The prepaid Detsky Mir – MTS Bank card can be picked up at cashier stations in 70 stores of Detsky Mir Chain in Moscow. In 2018 the card will be available practically in every store of the chain; today the chain includes 556 stores across the country, in 207 towns and cities.

For more detailed information on the card as well as a list of stores in which it can be obtained, please go to the Q&A section.

MTS Bank Public Joint Stock Company (MTS Bank PJSC) is a universal commercial bank, which is one of top 50 Russian banks. The bank holds the General License of the Bank of Russia to carry out banking operations (No. 2268 dd. 17.12.2014). Service offices of MTS Bank are present in over 50 cities of 30 largest Russian constituent regions. The main shareholders are AFK Sistema PJSC and Mobile TeleSystems B.V. CJSC, an affiliate company of Mobile TeleSystems PJSC.

Detsky Mir Group of Companies (ticker at the Moscow Stock Exchange – DSKY) is the largest retailer of children’s goods in Russia. The Group of Companies unites the national retail chain of stores “Detsky Mir”, a chain of stores “ELC”, online stores “Detsky Mir” and “ELC”. As of December 31, 2017, the Detsky Mir chain of stores is represented by 578 stores in Russia and Kazakhstan located in 207 cities of Russia and 12 cities of Kazakhstan, the ELC chain is represented by 44 stores in Russia. The total trading area of the group’s stores is 688 thousand square meters. Shareholders of the Company: AFK Sistema PJSC [1 ]– 52.10%; Russian-Chinese Investment Fund (RCIF) [2] – 14.03%; remaining shareholders holding less than 5% of the shares – 33.87%. Websites: www.detmir.ru, corp.detmir.ru, elc-russia.ru

([1]) AFK Sistema PJSC is a public Russian diversified holding company that serves more than 1 million consumers in industries such as telecommunications, high technologies, timber and woodworking industry, radio and space technologies, banking services, retail, tourism, medical services and etc. The company was founded in 1993. Sistema’s global depositary receipts are traded under the ticker “SSA” at the London Stock Exchange. Ordinary shares of the Company are listed under the ticker “AFKS” at the Moscow Stock Exchange.

([2]) RCIF is the private equity fund established by the Russian Direct Investment Fund (RDIF) and the China Investment Corporation (CIC), it owns Detsky Mir PJSC through its two subsidiaries FLOETTE HOLDINGS LIMITED and EXARZO HOLDINGS LIMITED.