Subsidiary Bank Sberbank of Russia announces lending worth KZT8.2 bn as part of partnership program with BIPEK AUTO in Kazakhstan

21.10.14 18:03
/KASE, October 21, 14/ – Subsidiary Bank "Sberbank of Russia" JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided to KASE the following press-release of October 21, 2014: quote Special partner auto lending program of Sberbank and the Group of the Companies "BIPEK AUTO Kazakhstan" works since April 2014. During this time the loans were granted to approximately four million clients and in amount of 8.2 billion KZT. The most popular among Kazakhstan citizens who apply for auto loans to Sberbank are cars of brand KIA. "For us, the auto lending is one of the priorities of the retail business. Cooperation with the Group of Companies "BIPEK AUTO Kazakhstan" has allowed us to create an auto lending program with the most favorable terms, and today it is very popular in the people. We believe that "BIPEK AUTO Kazakhstan" is a reliable partner and we are confident in further fruitful cooperation", - said the Chairman of the Board of SB "Subsidiary Bank Sberbank of Russia" JSC Alexander Kamalov. For additional information please contact the Press and Information Office: SB "Subsidiary Bank Sberbank of Russia" JSC Ekaterina Kupreeva +7 (727) 266 35 68 (ext. 502499) e-mail: yekaterina.kupreeva@sberbank.kz unquote [2014-10-21]