ATFBank JSC (Kazakhstan) informed about awarding with people sign of quality Stainless and certificate for assistance to development of small and medium business of Kazakhstan

16.03.06 21:04
/KASE, March 16, 06/ - ATFBank JSC (Almaty) today spread press release, which informs the following: Start of quotation On March 15 of the current year National League of Kazakhstan consumers, by the results of operation in 2005, awarded ATFBank - member of Association of enterprises of stainless business of Kazakhstan, People Sign of Quality "Stainless" and Certificate for assistance to development of small and medium business of Kazakhstan. Joint stock company ATFBank, established in 1995, is one of the leaders of banking system of Kazakhstan. ATFBank is universal financial institute. In 10 years of operation ATFBank achieved considerable results in all spheres of banking activity and turned in powerful financial group of companies of modern type, where over 2000 people work. Group offers its clients wide spectrum of financial products, including services on leasing, insurance and provision of pensions, provided by companies-partners: ATF - Leasing, ATF - Policy and OAPF Otan. ATFBank holds leading positions in stock exchange and currency market of Kazakhstan. ATFBank - the fourth on assets financial institute of Kazakhstan. Main indexes of activity of ATFBank demonstrated record high growth - as of January 1, 2006 the bank's assets reached over USD2 bn. 600 m., equity capital is nearly USD290 m., and income was over USD32 m. Loan portfolio of the bank - over USD1 bn. 814 m. This important result is not only index of efficient operation in the field of management, but estimation of efficient investments for shareholders. Achieved results - best confirmation of appropriateness of elected strategy of the bank's development strategy as universal financial institute. Our each client, individual, enterprise of small and medium business, or big company, may use wide spectrum of banking and financial products and count at that for qualitative and efficient service in all branches of the bank. We strive actively increase our presence in regions of Kazakhstan and neighboring states, developing collaboration with local authorities and entrepreneurs. Geography of the bank's activity covers the whole territory of the country. ATFBank has 18 branches and 17 cash settlement divisions of departments, situated in all parts of Kazakhstan. ATFBank develops consumer crediting, finances big industrial enterprises. Special attention is paid to financing of small and medium of Kazakhstan business, owing to funds of the Bank, as well a in collaboration with European Bank of reconstruction and development (EBRD), German Credit institute on renewal of economy (KfW), Asian Development Bank (ADB), World Bank (WB). Authoritative international agency EUROMONEY acknowledged in 2005 ATFBank as leading financial institute of the Republic of Kazakhstan in corporate management and the best bank for small and medium business of Kazakhstan. In 2005 ATFBank became the first financial institute of Kazakhstan, which got from EBRD authorities on execution independent management process of crediting of small and medium business within realization of special technical Program. ATFBank is participant of program of European Bank of Reconstruction and Development Trade Facilitation Program and Warehouse Receipt Program, and also actively collaborates with international export credit agencies. Close partnership relations with leading foreign banks allow to fulfill rapid transfer of funds in any point of the world, to service banking cards of payment systems International, EuroСard/MasterCard, American Express, to issue full spectrum of own cards VISA. The bank continues to maintain work abroad Kazakhstan. So, in 2005 financial institute opened Representative office in Moscow (Russian Federation). ATFBank has subsidiary banks in Kyrgyz Republic - Energobank OJSC (the fifth on size of assets financial institute out of twenty banks of Kyrgyz Republic) and in Russian Federation (Omsk) - OKB Sibir CJSC. End of quotation [2006-03-16]