/KASE, October 18, 11/ - Kaspi Bank (Almaty), securities of which are officially listed on Kazakhstan Stock Exchange (KASE), provided to KASE the following press release of October 18, 2011:

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The National Bank of the Republic of Kazakhstan approved Kaspi Bank shareholder application on creation of the Banking Financial Holding Caspian Financial Group.

The Caspian Financial Group - Kazakhstan Banking Financial Holding that is being created to manage financial assets and kaspi bank, in particular. Mr. Mikhail Lomtadze is Caspian Financial Group Board of Directors Chairman - Chief Executive of kaspi bank.

Mr. Vyacheslav Kim is Caspian Financial Group Management Board Chairman - kaspi bank Board of Directors Chairman and Advisor for Baring Vostok Capital Partners on investments in Kazakhstan.

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The press release full version is available on KASE website at see more

[2011-10-18]