Bank CenterCredit (Kazakhstan) announced results of unplanned check up of its activities by the Agency of the Republic of Kazakhstan on Economic and Corruption Crimes

/KASE, July 30, 10/ - Bank CenterCredit (Almaty), securities of which are
listed on Kazakhstan Stock Exchange (KASE), provided to KASE the following 
press release of July 29, 2010 года:

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Bank CenterCredit (the Bank) informs on completion of unplanned check up of its
activities by the Agency of the Republic of Kazakhstan on Economic and
Corruption Crimes (the Financial Police), caused by an anonymous application
on supposed violation of the legislation in force.

According to the Financial Police official statement no violations entailing 
the Bank material damage were detected.

From the check up beginning the Bank, its management and shareholders did
not see any basis for concerns related to the Financial Police actions as the
Bank one of transparent financial institutions of the country with the stable
management and strong strategic partners among which Kookmin Bank, the
largest bank in South Korea with 42% stake in Bank CenterCredit J and
International Financial Corporation (IFC), a member of the World Bank with 10 %
stake in the Bank capital.

The check up results proved that the bank activities are based on the consequent
strategy development, observance of the legislation, ensuring shareholders,
clients and partners interest. At present the Bank actively implements its plans
on crediting small and medium size businesses and retail, internal infrastructure
improvement to provide quality and various services to its clients.

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[2010-07-30]