/KASE, September 22, 09/ - Alliance Bank (Almaty), listed on Kazakhstan Stock
Exchange (KASE), provided KASE with a press release:
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Alliance Bank (hereafter - the Bank) is pleased to announce the Special
financial court of Almaty (the Court) on September 18, 2009 approved application
of the Bank on restructuring. The court's decision is an important step in
restructuring and recapitalization of the Bank, which will allow the Bank for
starting restructuring in accordance with the new Kazakhstan legislation on
restructuring. The Court's decision is effective September 18, 2009. A copy of
the substantive part of the decision (in Russian and English) is available at
the bank's official website at
http://albinvestorrelations.com/en/news.
For further information, please, contact:
Public Relations
Tel. +7 (727) 258 40 40
E-mail: pr@alb.kz
Webcast: www.alb.kz
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[2009-09-22]