Eurasian Bank JSC (Kazakhstan) informs on increasing of its authorized capital by 50% to KZT12.01 bn.

26.06.08 20:37
/KASE, June 26, 2008/ - Eurasian Bank JSC (Almaty), bonds of which are raded in Kazakhstan Stock Exchange's (KASE) category "A" official list, provided KASE with press release of the following content: Quotation start Eurasian Bank JSC informed on offering 26,315 common shares at KZT152,390 per unit by subscription. Thus, the bank increased authorized capital by KZT4.01 bn. to KZT12.01 bn. After shares offering, the stake of sole shareholder of the bank - Eurasian financial and industry JSC - has not changed and still makes 100%. Increasing of authorized capital showed shareholder's readiness to support further development of the bank, realization of renewed strategy of financial institute, which is directed to activation of economic crediting, diversification of loan portfolio. Besides, increasing of Eurasian Bank's JSC capitalization reflects intention of shareholder and management to have the stable platform for further growth of grand total of financial institute. Press-service Eurasian Bank JSC +7 (727) 244 39 12, 244 39 43 www.eurasian-bank.kz Quotation end [2008-06-26]