Alliance Bank OJSC (Kazakhstan) delivered a presentation for investors, dedicated to the second issue of its bonds

/IRBIS, December 22, 03/ - Alliance Bank OJSC (Almaty) informed in its press release that on December 19, 2003 at Hyatt Regency Almaty Alliance Bank OJSC held an official presentation for potential investors, representatives of commercial banks and journalists of business editions, dedicated to the second issue of indexed on tenge devaluation bonds of the bank (KZ2CKY03A924; ASBNb2, KZT1.0, KZT2.0 bn; October 31, 03 - October 31, 05; semiannual coupon 8.5%APR) and their inclusion in official "A" listing category. The presentation was aimed at introducing to potential and existing investors of the bank with its financial position, accomplishments and perspectives. A decision about offering second issue bonds for KZT2 bn was adopted at prescheduled general shareholders meeting of Alliance Bank OJSC dated Jluy 25, 2003. Given securities were included in trade lists of KASE from November 24, 2003. The press release also summarizes main results of bank's activities in the current year as of December 1. Bank's assets totaled to KZT53.4 bn, having increased 2.5 times relative to the beginning of the year. A loan portfolio as of December 1 amounted to KZT30 bn, deposits with the bank - KZT41.2 bn. In current year Alliance Bank OJSC opened two branches in Karaganda and Atyrau cities, and at present has 9 branches, located in the most developed regions of the country. [2003-12-22]