BANK CASPIAN OJSC: General information
20.07.01 00:00
/IRBIS, July 20, 01/ - According to decision of the Board of Kazakhstan Stock
Exchange (KASE) and resolution of the Exchange Council, coupon inscribed
bonds of BANK CASPIAN (Almaty) are to be admitted into category "A" of
the official listing of KASE from July 19, 2001. The bonds have following
emission parameters: KZ2CUY03A370, $15m, July 13, 01-July 13, 04;
semiannual coupon - 9.50% APR.
The information below (and other current news regarding BANK CASPIAN
OJSC) presents description of the Bank given by the Listing Commission. All
responsibility for reliability of the submitted information falls on management
of the Bank and its financial consultant Kazkommerts Securities OJSC (Almaty).
The bank was founded in December 1997 as a result of merger between
Bank Caspian CJSC (assignee of international bank, Al-Baraka Kazakhstan)
and Kazdorbank OJSC.
BANK CASPIAN OJSC passed initial government registration on Jan.01,
1991. The legal status - open joint stock company. The ownership - private.
Primary activity - banking services. Legal and actual address of the head
office - 90 Adi Sharipov street, 480059 Almaty, Kazakhstan.
The Bank has following government licenses:
- Of the National Bank of Kazakhstan to conduct banking operations in
tenge and foreign currency, dated May 04, 2001 #245 with constant
validity period.
- Of the National Securities Commission of Kazakhstan to conduct broker-
dealer activity on the securities market with the right to manage client
accounts as a nominal holder, dated Dec.30, 1999, #0401100185,
constant validity period.
BANK CASPIAN OJSC is a member of KASE, Central Depository of
Securities CJSC, OUL Association of Kazakhstan Financiers, Kazakhstan
Deposits Insurance Fund CJSC (certificate #0011 dated Feb.16, 2000),
Almaty International Insurance Group OJSC. The bank is a primary dealer of
the Finance Ministry of Kazakhstan (MOF) and primary agent of National
Bank of Kazakhstan on the primary market of government securities.
The Bank has 17 branch offices, 59 cash-desk offices and 53 foreign
exchange offices throughout Kazakhstan. The number of employees as of
Apr. 01, 2001 is 757, of which 259 are employed in the head office based in
Almaty.
At present, the bank has correspondent relations with several banks in US -
Arab American Bank, The Bank of New York, ABN AMRO Bank, in Germany
- Deutsche Bank AG, Dresdner Bank AG, Turkey and Russia. The Bank
participates in such international payments systems as SWIFT and TELEX.