Alliance Bank JSC (Kazakhstan) got preliminary permission of the Board of the National bank of Kyrgyz Republic for opening of subsidiary bank

/KASE, December 5, 05 / - Alliance Bank JSC (Almaty), whose shares ad bonds are traded in Kazakhstan stock exchange's (KASE) official "A" listing category, provided KASE with copy of the decree of the Board of the National bank of Kyrgyz Republic dated November 18, 2005 # 34/5. According to this document Alliance Bank JSC got preliminary permission for opening of subsidiary bank - FinanceCreditBank KAB OJSC in Kyrgyz Republic, and also - for obtaining license. [2005-12-05]