Shareholders of Kazakommertsbank JSC (Kazakhstan) decided to increase amount of common shares by 200 m. copies and confirmed the credit agreement with EBRD for $300 m.

04.07.07 15:43
/IRBIS, Dinara Mukasheva, July 4, 07/ - Kazkommertsbank JSC (Almaty), securities of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list provided KASE with the copy of protocol of prescheduled general meeting of shareholders dated June 28, 2007. According to the provided document shareholders of the bank accepted the next decisions: - To increase amount of announced shares of the bank by 200 m. common shares; - To confirm prospect of shares' issue in new edition; - To confirm changes and additions to the charter of the bank; - To confirm agreement with European Bank for Reconstruction and Development (EBRD) for borrowing of credit line for amount of $300 m. for financing of retail mortgage loans and credits for small and middle business. [2007-07-04]