Kaspi Bank (Kazakhstan) implemented hypothecary loans program ahead of schedule

/KASE, May 15, 09/ - Kaspi Bank (Almaty), securities of which are present in Kazakhstan Stock Exchange (KASE) official list, informed KASE on the following: quotation start kaspi bank implemented the fund Samruk-Kazyna program on refunding hypothecary loans in the full volume ahead of schedule. The bank has drawn KZT3 bn, the amount, allocated by the fund, having refunded 921 hypothecary loans. The average loan refunding amount made up KZT3.3 m. In total from the program start the bank accepted for consideration over 1000 applications from borrowers across Kazakhstan to the total amount of KZT3.5 bn. The largest number of application was received in Astana, Almaty and Karaganda Region. However due to the large network of affiliates, kaspi bank was able to provide an access to government funds to clients from all regions. Five cities with the largest number of refunded loans ----------------------------------------- Cities Number of refunded loans --------------- ------------------------ Ust-Kamenogorsk 84 Aktobe 72 Zhymkent 72 Satpaev 54 Rudniy 53 ----------------------------------------- - When working on the government program we, first of all, understood that we are dealing with the government money, therefore we selected clients, who really purchased real estate to improve their life quality, nut not for short speculations, - said kaspi bank Head Michael Lomtadze. - Due to the government support now hundreds of families can live in better conditions. On our behalf, we tried to provide these funds to Kazakhstan people as soon as possible. For additional information: Botagoz Zhumanova Head of media relations tel.: 8 (7272) 501-800 (ext. 1376) e-mail: ZHUMANOVA.Botagoz@kaspibank.kz mobile: +7-701-223-87-85 +7-777-232-51-12 quotation end [2009-05-15]