Subsidiary Bank Sberbank of Russia announces opening branch in Kyzylorda

10.10.14 18:04
/KASE, October 10, 14/ – Subsidiary Bank "Sberbank of Russia" JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of October 10, 2014: quote The Subsidiary Bank of the 'Sberbank' JSC opens the sixteenth branch within the territory of Kazakhstan in Kyzylorda. Therefore the Bank has completed the formation of republican branch network. Now Sberbank is present in all regions of Kazakhstan. In the official opening ceremony of a new branch of 'Sberbank' the akim of Kyzylorda region, Krymbek Kusherbayev, the Director of Kyzylorda regional branch of the National Bank, Ernar Zhumabekov, the Chairman of the Subsidiary Bank of the 'Sberbank' JSC, Alexander Kamalov, took part as well as current and potential partners and clients of Sberbank. 'For the moment Kyzylorda region is a thriving promising region. As of the end of 2013 the region has shown one of the highest paces of investment growth in capital asset which consists 140%. Here actively develops industry, agriculture, construction and commercial business. Subjects of small and medium business work in all branches of economy that require high-quality banking servicing and investments. A new branch of 'Sberbank' made in a new international format is ready to provide enterprises and residents with all of it',- emphasized the Chairman of the Subsidiary Bank of the 'Sberbank' JSC, Alexander Kamalov. unquote The full press-release is available on KASE website at: - http://www.kase.kz/files/emitters/SBER/sber_reliz_101014_kz.pdf – in Kazakh; - http://www.kase.kz/files/emitters/SBER/sber_reliz_101014.pdf – in Russian. [2014-10-10]