OREANDA-NEWS. January 26, 2010. Kazkommertsbank (Almaty), securities of which are present in Kazakhstan Stock Exchange (KASE) official list, informed KASE that Kazkommertsbank from the beginning of KUAT Corporation sharers refunding program approved 21 applications, submitted to decrease the percentage rate to the total amount over KZT195.6 m, including renewed 17 agreements to the amount over KZT164.7 m., reported the press-centre of KASE.

The program is effective till the end of March of 2010.

In the middle of 2009 Kazkommertsbank at the expense of own funds launched the special program of KUAT Corporation sharers refunding in the amount of KZT1 bn.

At present applications are being considered from sharers of those objects, which will be completed through allocated in December of 2009 resources of the Stress assets fund. The program requirements are as follows:

- the agreement for housing procurement with KUAT Corporation;

- absence of the debt as of the refunding date;

Kazkommertsbank is ready to accept applications from all sharers, including those who have outstanding debt given that it will be repaid as of the actual refunding date.