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DIALOGBANK USSR JOINS VISA

 DIALOGBANK USSR JOINS VISA
 SAN FRANCISCO, Nov. 22 /PRNewswire/ -- Visa International today


announced that Dialogbank, one of the first United States-Russian joint venture banks in the USSR, will issue Visa cards in the Soviet Union.
 Dialogbank, a commercial bank established in 1989, plans to offer Visa cards to its Soviet and non-Soviet current and deposit account holders.
 The announcement was made by Visa International president and chief executive officer, Charles T. Russell, in San Francisco at a presentation of an award to Visa for business development in the USSR. The award was made by the economic monthly, Business in the USSR, which cited Visa "for pioneering work in introducing and developing international bank card payment services for Soviet people." Visa is the first recipient of the annual award.
 Visa introduced international bankcards in the Soviet Union in 1988 when Yuri Titov, head of the USSR's National Olympic Committee, became the first holder of a Visa card.
 Visa is the world's largest consumer card payment program with more than 260 million cards issued worldwide.
 -0- 11/22/91
 /CONTACT: Brooke Johnson of Visa International, 415-570-3290/ CO: Visa International ST: California IN: FIN SU: PDT DG -- SF001 -- 6181 11/21/91 20:35 EST
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Publication:PR Newswire
Date:Nov 21, 1991
Words:202
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