/KASE, September 30, 11/ - Alliance Bank (Almaty), whose bonds are officially
listed at Kazakhstan Stock Exchange (KASE), has provided KASE with the following
press-release of September 30, 2011:
quote
JSC "Alliance Bank" announces new financing programme for small and medium
businesses under the Asian Development Bank (ADB) investment program.
The deal was preceded by an ADB-led selection amongst Kazakh second-tied banks.
Eventually three banks were appointed as partners, including Alliance Bank, yet
another time highlighting investors' increased trust in the Bank.
ADB, under a Loan Agreement between Alliance Bank and Entrepreneurship
Development Fund DAMU, will dispense KZT7.4 bn for up to 60 months.
unquote
The full version of the press-release is available on KASE website, at
http://www.kase.kz/files/emitters/ASBN/asbn_reliz_300911.pdf
[2011-09-30]