/KASE, April 23, 09/ - Subsidiary Bank Sberbank of Russia (Almaty), bonds of
which are listed on Kazakhstan Stock Exchange (KASE), provided KASE with a
press release dated April 22, 2009:
Quotation beginning
SB Sberbank informs on most successful projects financed within the third
tranche of the state program for support and development of small and
middle businesses implemented jointly with fund DAMU.
Having made a decision to develop small and middle businesses, SB Sberbank is
seriously approaching consideration of each request, paying most attention to
timeliness, significance and prospects of a credited project. SB Sberbank is
stating that each business credited within the Program is making a large
contribution to stabilize the Kazakhstan economy.
... Today, April 22 SB Sebrbank within the fund DAMU program approved
decisions to credit 32 projects in different industries for a total of KZT2,940
m., currently KZT2,784 m. is disbursed.
We value highly the anticrisis program of the Kazakhstan Government and
possibilities it gives to real economy sector. The bank considering requests for
credting within the fund DAMU program is approaching borrowers on an individual
basis estimating financial and business activity and development prospects.
Press Service, SB Sberbank
Media Relations
Tatyana Shevchenco
tel. in Almaty: (727) 2500032, ext. 119,
fax: (727) 2500063
+7 777 618 10 13
e-mail: tatyana.shevchenko@sberbank.kz
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The full version of the press release is available at the KASE website at:
http://www.kase.kz/files/emitters/TXBN/txbn_reliz_220409.pdf
[2009-04-23]