BANK CASPIAN JSC (Kazakhstan) informed about receiving of the principle member of Visa International status

/KASE, March 27, 08/ - BANK CASPIAN JSC (Almaty), securities of which are traded in Kazakhstan Stock Exchange's (KASE) category "A" official list, had spread the press release in which the following is informed: Quotation start The Management Committee of CEMEA region had accepted the positive decision about increase of the status of BANK CASPIAN to Principle member of VISA. Visa International also provided the bank with the license for trade acquiring*. Now the BANK CASPIAN has an opportunity of cooperation with this organization without the mediators and receive an access to majority of advantages of principle membership. The increase of our status for the next time is confirming the trust to BANK CASPIAN from the side of foreign financial institutions and speaks about its financial, stability and reliability, - says the chairman of board of BANK CASPIAN MIKHAIL LOMTADZE. - Out bank had received the increase of status within the shortest terms, which is the contribution of our team on our colleagues from Visa. One of the main advantages of BANK CASPIAN - is the big amount of clients for express-crediting. Currently the clients' base counts more than 800 th. clients. Based upon the analysis of consumer decision and preferences of clients, in perspective BANK CASPIAN will suggest the new products on the basis of existing business express-crediting. Strategic propriety of our bank is the development of business of individuals crediting, individual businessmen, small and middle business, - Mikhail Lomtadze added. - The continue o our cooperation with Visa and increase of the status will let our bank to suggest the new innovative products to our clients. *Trade acquiring - is the service, provided by the bank to trade-service enterprise, and let this organization to receive the plastic cards as source of payment for its goods and services. For additional information please address to: Botagoz Zhumanova Head of Mass media relations department Tel: 8 (7272) 501- 800 (внут.1376) E-mail: Zhumanova@bc.kz Mobile: +7 777 232 51 12 +7 701 223 87 85 Quotation end [2008-03-27]