Nurbank plans to form a 20% stake on banking services market of Northern Kazakhstan in the nearest three years

/INTERFAX-KAZAKHSTAN, Astana, June 20, 05/ - Nurbank plans to form a 20% stake on banking services market of Northern Kazakhstan in the nearest three years. Nurbank plans to achieve this aim due to "active activity" of the bank's branch in Petropavlovsk, which was opened on Monday, bank's message says. "The branch's governing body plans to occupy at least 20% of banking services market on the territory of North-Kazakhstan oblast in the nearest three years", - the message says. Bank's new branch is ready to render full range of services to its clients: crediting of physical and juridical persons; cash-settlement, exchange and documentary operations; work with plastic cards; deposits receipt. The message says bank's governing body intends to make "a special accent" upon small and medium business service, and also population service. "Already today we can say several big companies basing in Petropavlovsk are interested in opening of our branch office. We are also planning to work actively with representatives of SMB and individuals", - the message says. Nurbank has invested $400 th., into opening of its branch in Petropavlovsk, it comprises 20 specialists. At present Nurbank JSC has 15 branches and 20 cash-settlement offices in all regional centers of the republic. Nurbank is one of ten big banks of the republic, at present its total assets exceed $860 m. [2005-06-20]