OREANDA-NEWS. On December 25, 2007 Eurasian bank JSC (Almaty), bonds of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list, had provided KASE with the press-release of next contention, reported the press-centre of KASE:

Eurasian bank JSC informs about successful payment of 70 millions of US dollars for payment of tranche "A" (370 days) of syndicated loan, borrowed in December 2006.

This loan for total sum of 110 millions US dollars with structure of tranches for 370 days and 2 years was provided to Eurasian bank by syndicate of foreign banks. Lead-managers of the deal were Deutsche Bank AG, London Branch and Raiffeisen Zentralbank Osterreich AG.

Money funds, borrowed by means of syndicated credit, were directed on financing of import and export contacts of Bank's clients.

Successful execution by Eurasian bank of its liabilities to foreign creditors in full volume and in stated terms had confirmed the enough level of liquidity and reliability of Bank.

Ad notam

According to data of non-consolidated non-audited report, as of December 1, 2007 assets of Bank totaled KZT179.7 bn., shareholders capital - KZT28,7 bn.

Net income of the Bank by results of 11 months of year 2007 totaled KZT2,5 bn. (official rate of National bank of RK as of December 1, 2007 was equal to KZT120,87 per $1).

Subsidiary network of Bank as of December 1, 2007 counts 17 subsidiaries and 39 departments.