ATFBank (Kazakhstan) drew funds allocated within Damu program to credit small and medium size businesses

/KASE, May 15, 09/ - ATFBank (Almaty), securities of which are present in Kazakhstan Stock Exchange (KASE) official list, provided to KASE the press release on the following: quotation start In compliance with the General Agreement, concluded at the beginning of this year between ATFBank and the fund Damu, the Bank co-funded the Damu Program in ratio 50:50. Within the third tranche entrepreneurs of Kazakhstan received KZT20 bn with the effective rate 12.5%, out of which KZT10 bn were allocated by ATFBank. On May 14, ATFBank completed drawing the third tranche on the Damu program ahead of schedule by 1.5 months. During this period ATFBank refunded and issued new loans to 314 clients of the Bank. Due to the large network of affiliates ATFBank is actively working on this program in all cities of Kazakhstan, the largest number of loans falls to Almaty and Astana. Thus, in Almaty were signed agreements with 94 clients to the amount of KZT8.7 bn, in Astana - 55 agreements to the amount of KZT3 bn. Director of ATFBank Sales Department Nurlan Akshanov: "For our bank it was a test, if we are able during the short time to draw this tranche. It is a difficult task - to make decisions on providing to clients of funds, allocated by the National Welfare Fund. At the decision making phase the bank must analyze all possible risks as 100% recurrency must be ensured now. I am confident that this test for efficiency we successfully passed. We are glad for our clients as the interest rate decrease till 12% will allow SMB companies to lead the business to the new phase. The Bank is ready for future cooperation with the fund Damu, and today we received the additional tranche in the amount of KZT75 m on the program Damu- Regions, previously not used by other STB, which will be used in Kyzyl Orda Region. We shall draw these funds till the end of May". The amount used by region -------------------------------------------------------------------------- including refunding ------------------------- --------- -------------- # Region Number of Amount used, Number of Amount used, projects KZT projects KZT -- ---------------- --------- -------------- --------- -------------- 1 Akmola 17 321,167,952 4 31,482,059 2 Aktobe 13 457,474,008 6 238,996,311 3 Almaty 8 1,141,845,374 6 953,844,478 4 Atyrau 20 1,250,767,449 13 1,049,638,827 5 East Kazakhstan 24 847,343,013 14 432,555,087 6 Zhambyl 7 95,356,530 3 42,528,139 7 West Kazakhstan 6 272,524,000 4 250,679,000 8 Karaganda 13 515,929,825 8 395,461,093 9 Kostanai 12 925,196,000 5 620,229,000 10 Kyzyl Orda 8 128,900,778 1 9,300,000 11 Mangystau 13 319,696,834 5 255,301,834 12 Pavlodar 13 1,047,655,000 8 957,073,511 13 North Kazakhstan 8 292,329,947 7 203,008,744 14 South Kazakhstan 2 784,000,000 1 334,000,000 15 Astana City 56 3,000,212,578 35 1,324,793,842 16 Almaty City 94 8,651,178,834 52 5,713,514,567 TOTAL: 314 20,051,578,122 172 12,812,406,492 -------------------------------------------------------------------------- Amount used by sector - ------------------------------------------------------------------ including refunding ------------------------ --------- ------------- # Region Number of Amount used, Number of Amount used, projects KZT projects KZT - -------------- --------- ------------- --------- ------------- 1 Industry 24 2,881,883,440 15 1,757,800,910 2 Services 124 7,132,386,119 67 4,420,114,543 3 Agriculture 16 1,040,463,580 7 620,219,854 4 Trade 146 8,893,281,342 80 5,930,928,748 5 Transport and 0 0 0 0 communications 6 Construction 4 103,563,640 3 83,342,437 - ------------------------------------------------------------------ For contacts: ATFBank PR service Elvira Peltola tel: +7 (727) 2583 111 ext. 06-63 Peltola@atfbank.kz Algiya Aitbayeva tel: +7 (727) 2583 111, ext. 25-06 A.Aitbayeva@atfbank.kz quotation end [2009-05-15]