Tsesnabank (Kazakhstan) drew funds allocated to refund hypothecary loans ahead of schedule

/KASE, May 14, 09/ - Tsesnabank (Astana), securities of which are present in Kazakhstan Stock Exchange (KASE) official list, informed KASE that as of May 14, 2009, 2 weeks ahead of set schedule, Tsesnabank drew all funds in the amount of KZT3 bn, allocated by the National Welfare Fubnd Samruk-Kazyna within the hypothecary loans refunding program. Understanding the socio-economic role of programs, Tsesnabank is always ready for quality cooperationand responsible fulfillment of obligations to the government and clients. The bank is also interested in further promotion of the government program on the population hypothecary loans refunding and is ready to draw additional funds. The bank specialists have large number of applications, which can be satisfied in case of funds availability. Tsesnabank was founded in 1992 and is the single commercial bank in Kazakhstan with the headquarters located in Astana, the capital of the country. The bank has 18 affiliates and 65 servicing points across Kazakhstan. As of April 1, 09 the bank assets in compliance with IAS made up KZT137.9 bn, the own capital - KZT15.6 bn. the net profit made up KZT858.9 m. [2009-05-14]