/KASE, August 1, 2017/ – Bank RBK (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of August 1, 2017:

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Bank RBK reports that V. Kim was authorized by the National Bank to become a major shareholder of Bank RBK a well-known businessman Vladimir Kim.

Vladimir Kim is one of the most successful and effective local businessmen. This year he topped the annual rating of 50 richest businessmen of Kazakhstan by Forbes Kazakhstan magazine. His estimated fortune is $ 2.5 bln.

Vladimir Kim is a president and major shareholder of the mining company KAZ Minerals PLC. Under his leadership, in 2016 the company completed the construction of the projects Bozshakol and Aktogay unique for Kazakhstan. Thanks to the successful launch of the new mines and increase in the marketable copper production, the value of KAZ Minerals PLC shares increased several times, the company's capitalization in April 2017 was $ 2.7 bln. According to Forbes Kazakhstan, over the past year, Vladimir Kim has increased his fortune by $ 800 m.

"Bank RBK welcomes a new major shareholder, whose extraordinary ability to make any business as efficient as possible due to the synergy of people, ideas and technologies will certainly become the Bank’s asset," Chairman of the Management Board of Bank RBK Igor Mazhinov said.

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[2017-08-01]