/KASE, July 8, 09/ - Alliance Bank (Almaty), a company listed on Kazakhstan
Stock Exchange (KASE), provided KASE with a press release:
Quotation beginning
Alliance Bank (the Bank) is pleased to inform, according to results of meetings
with a Creditors Committee on June 29/30 and July 6/7, 2009 in London, the Bank
and the Creditors Committee signed the Memorandum of Understanding
regarding restructuring of bank borrowings. The Committee consists of Asian
Development Bank, Calyon, Commerzbank Aktiengesellschaft, DEG Deutsche
Investitions- und Entwicklungsgesellschaft mbH, ING Asia Private Bank Limited,
HSBC Bank plc, JP Morgan Chase Bank, N.A., Sumitomo Mitsui Banking
Corporation Europe Limited and Wachovia Bank N.A.
The Memorandum is an evidence of a principal agreement of the Creditors
Committee with proposed options for bank debt restructuring.
Contact:
Public Relations
Tel. +7 (727) 258 40 40
E-mail: pr@alb.kz
Website: www.alb.kz
Quotation end
The full version of the press release is available at the KASE website at:
http://www.kase.kz/files/emitters/ASBN/asbn_reliz_080709.pdf
[2009-07-08]