/KASE, May 14, 12/ - JSC "Alliance Bank" (Almaty), whose bonds are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of May 14, 2012:

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Alliance Bank JSC has published its unaudited consolidated statements according to international standards (IFRS) for the 1st quarter of 2012.

The Bank's assets rose by KZT 6.5 billion or 1.2% and amounted to KZT 536.4 billion as of March 31, 2012.

Also, the growth was indicated in the Bank's loan book by 1.2% or KZT 3.9 billion in the 1st quarter of 2012 amounting to KZT 332.7 billion.

Liabilities of Alliance Bank JSC increased by KZT 4.8 billion or 0.9% to KZT 533.6 billion in the 1st quarter of 2012.

This includes growth in current accounts and deposits of clients by KZT 10.7 billion or 3.6% making KZT 304.9 billion.

Net worth of Alliance Bank JSC under IFRS amounted to KZT 2.8 billion in the 1st quarter of 2012 representing an increase from the beginning of the year of more than KZT 1.7 billion.

Regulatory capital used for calculation of prudential standards pursuant to the requirements of Financial Supervision Committee of the National Bank of the Republic of Kazakhstan amounted to KZT 61.7 billion as of April 1, 2012.

As it was previously reported, based on the results of 2011 Alliance Bank JSC managed to completely eliminate the deficit of capital under IFRS which was KZT 105 billion at the beginning of the last year due to increase in equity by more than KZT 106 billion throughout the year. This year, the plans to grow net worth under international standards continue being implemented successfully.

For more information, please contact: Press Service of Alliance Bank JSC Tel. +7 (727) 258 40 40 E-mail: pr@alb.kz Web-site: www.alb.kz

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[2012-05-14]