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25.04.2012 17:47 #Corporate events

Eurasian Bank (Kazakhstan) increases its stake on the re-tail crediting market to 15 %

/KASE, April 25, 12/ - Eurasian Bank (Almaty), bonds of which are officially listed on Kazakhstan Stock Exchange (KASE), provided to KASE the following press release of April 25, 2012:

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Eurasian Bank presented the new model of Re-tail Services Center (RSC) under the unique for Kazakhstan market extension of its re-tail network.

Till the end of 2012 in Kazakhstan will be opened 73 RSC, including five RSC in Almaty. The program of Eurasian Bank regional expansion foresees extension of own network to 3000 points till the end of 2013 (20 affiliates with the wide range of services, over 120 RSC and over 2500 servicing points).

The Management Board Chairman Michael Eggleton emphasized: "As a result of cooperation of the bank with the well-known designing company that designs offices for the financial sector, we are able to demonstrate new high-technology center of banking services, which will launch the new phase in relations between the Bank and clients. I am glad to say that our Bank is on the leading positions on clients servicing. The Bank extends its presence and meets clients needs, therefore we are planning to continue our activities related to development of special decisions for our clients and employees".

At the expense of the re-tail network extension, Eurasian Bank intends to form a significant part on the market of Kazakhstan. Thus, the Bank plans to increase up to 15% its stake on the re-tail crediting market.

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The press release full version is available on KASE website at:

[2012-04-25]