Bank CenterCredit JSC (Kazakhstan) informed about increasing of loan portfolio in year 2006 to $3.4 bn.

23.01.07 12:40
/KASE, January 23, 07/ - Bank CenterCredit JSC (Almaty), shares and bonds of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list had spread the press-release with the following contention: Quotation begin By the totals of year 2006 the loan portfolio of Bank Centercredit JSC increased 2 times and made more then 3.4 bn. US dollars. Bank Centercredit - is the universal bank crediting large, small and middle business and also physical persons. Retail crediting takes 36% from Bank's loan portfolio, it is more then 13% from all credits given to the population by the second tier banks. In average every month the bank gives to physical persons more than 120 m. US dollars. Basing its retail business on manufacturability, we promote the number of retail products, primary difference of our products is that they are harmoniously supplementing each other. Opening the deposit, receiving the card or credit our client has the opportunity to make the management of his accounts by Home banking., System of telephone banking, and constantly be in connection with our Call Centre, which is the best in Kazakhstan for today. It will let them in seconds make the transfer, accept the excerpt about account status, to hand an application for credit, change the money, look through the pension savings. Our objective is to make the communication with the bank maximally clear, in order each client at any moment knew the status of his applications. And presence of own creators of software let to react on queries of our clients operatively and pliably. Second tier banks had give mortgage credits for 3 bn. US dollars, from them 17% is the mortgage of Bank CenterCredit. Work experience on mortgage credits in the bank makes more then 14 years. Bank is actively crediting not only its own mortgage programs, but also is a partner of Kazakhstan mortgage company JSC (KMC). About 20% of KMC's credits are given through the Bank CenterCredit. Bank CenterCredit enters the six of largest commercial banks in Kazakhstan with size of assets as of January 1, 2006 more then KZT333 bn. CentrCredit has the following long-term ratings: Ba1/forecats positive (Moody's Investors Services Inc.) and BВ- (Fitch Ratings Ltd). To the main types of bank's activities are relate the services to enterprisers of small and middle business, and clients - physical persons. As of January 1, 2007 the subsidiary network of the bank included 20subsidiries and 121 structural departments. Extra information is available from PR manager of Bank CenterCredit JSC Mambetova Zhanna, tel. 259-86-03 e-mail: zmambeto@centercredit.kz Quotation end [2007-01-23]