Kaspi Bank (Kazakhstan) disburses funds within program for support and development of small and middle businesses ahead of schedule

/KASE, May 15, 09/ - Kaspi Bank (Almaty), securities of which are listed on the Kazakhstan Stock Exchange (KASE), informed: Quotation beginning 221 small and middle business received funds from kaspi bank under the state finance program DAMU-3. 100 % of third tranche, received by kaspi bank from Damu totaling KZT6 bn. was approved for issue to Kazakhstan businessmen. Over half of all funds were allotted to issue new credits for development and expansion of current business. The DAMU-3 program covers all industries and regions of Kazakhstan. Most financed projects are in Almaty, Astana, Aktobe, Kostanai and South Kazakhstan regions. -As we had planned before, thanks to the implemented infrastructure, we could disburse the funds ahead of schedule, however, were quite tough when considering requests - bank chairman Mikhail Lomtadze says. - kaspi bank is crediting effective business giving stable profit. kaspi bank is closely cooperating with Damu last two years. During the period the bank issued to small and middle businesses under the fund programs only over KZT23 bn. long-term credits. The funds were disbursed through the whole country. For details contact: Botagoz Zhumanova 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]