Eurasian bank JSC (Kazakhstan) increased its supplementary capital by KZT3 bn.

/KASE, February 9, 05/ - Eurasian bank JSC (Almaty), whose bonds are traded in Kazakhstan stock exchange's (KASE) official "A" listing category, has spread press-release saying bank increased its supplementary capital by issuing seven-year subordinate bonds (KZ2CKY07B360; KASE's official "A" listing category, EUBNb2; KZT100, KZT3,000.0 m., December 10, 04 - December 10, 11, floating semi-annual coupon; 6.0% APR for the first circulation year, 30/360). This issue was floated at KASE's specialized trades in December of 2004 in full volume at 6.00% APR. As the result of successful bond floatation supplementary capital of Eurasian bank JSC grew by KZT3 bn. to KZT4.569 bn. So, bank's equity capital reached USD100 m. The press-release says Eurasian bank JSC was founded in December of 1994 and in February of 1995 got license for making banking operations. As of January 1 of 2005 bank was on the ninth place by assets ($600 m), on the eighth place by capital ($100 m.) and on the sixth place by the earned income ($12 m.) among Kazakhstan banks. According to data of "The Banker" journal Eurasian bank JSC is one of 50 rapidly growing banks in CIS. [2005-02-09]