/KASE, September 20, 06/ - Alliance Bank JSC (Almaty) spread today the press-release in which following is informed:

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In the frames of the project of modernization of processing center of Alliance Bank its certification in the payment system of VISA by the programs of issue and acquiring of EMV cards had finished successfully. The processing center is built on the basis of program products of the Russian company Compass Plus (TranzWare Online, TranzWare CMS, TranzWare Card Factory, TranzWare Fraud Analyzer and TranzWare Messaging Gate). All terminal equipment of the bank is linked to it, and till the end of year it is planning to make migration of existing issue of cards and to start the issue of the new card products.

By the words of Deputy Chairman of Administration of Alliance Bank JSC Dauren Kereybayev, "Company Compass Plus helps to realize the stated before the Alliance Bank tasks in the sphere of development of the own cards' business. We have enough pride plans on the cards, some of them are very innovative. We are on the start now - we become to set the cash dispensers, issued about 50 thousands of cards. I'm sure that at the nearest time the stake of alliance Bank on the market of plastic cards will contribute to the place which bank takes by the side of assets and shareholders' equity in the rating of Kazakhstan banks, which is fourth".

Company Compass Plus (Russia, Moscow) is specializing more then 10 years on the processing of program supplying for servicing of electronic payments. Clients of Compass Plus are more then 60 banks and processing companies from 17 countries of the world. Processing center of Alliance Bank is the first project of Compass Plus in Kazakhstan. The decisions of TranzWare family of the company Compass Plus - is the wide range of integrated, high technological, tuning products, covering the whole spectrum of clients' needs. Being the product of new generation, TranzWare supports the wide range of financial transactions, card products, types of cards and channels of delivery.

Alliance Bank have the status of the principle member of Master Card International and associated member of VISA International, and is the fourth largest bank in republic of Kazakhstan by the size of assets and shareholders' equity. The regional network of the bank consists of 146 representatives in the Republic of Kazakhstan.

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[2006-09-20]