IFC may buy 10% of Bank CenterCredit (Kazakhstan) for $20 m.

/Almaty bureau REUTERS, February 24, 06/ - Kazakhstan bank CenterCredit may this year sell International financial corporation (IFC) from group of World bank 10% shares owing to new emission, prospect of issue of eurobonds of CenterCredit says. Besides, the bank studies opportunity of listing and IPO in one of international stock exchanges during a year, but still has not took final decision. "Bank negotiates with IFC regarding sale of 10% stake in the bank's capital for $20 m. by issue of new common shares in the first half of 2006", - the prospect, published in site of London stock exchange www.londonstockexchange.com says. Assets of CenterCredit, the sixth bank of Kazakhstan, as of January 1 was nearly $25 bn. The biggest shareholder of the bank, according to the prospect, is chairman of the board of directors Bakhytbek Baiseitov, who directly and indirectly owns 21.2%. [2006-02-24]