OREANDA-NEWS. August 06, 2010. Bank CenterCredit (the Bank) informs on completion of unplanned check up of its activities by the Agency of the Republic of Kazakhstan on Economic and Corruption Crimes (the Financial Police), caused by an anonymous application on supposed violation of the legislation in force, reported the press-centre of KASE.

According to the Financial Police official statement no violations entailing the Bank material damage were detected.

From the check up beginning the Bank, its management and shareholders did not see any basis for concerns related to the Financial Police actions as the Bank one of transparent financial institutions of the country with the stable management and strong strategic partners among which Kookmin Bank, the largest bank in South Korea with 42% stake in Bank CenterCredit J and International Financial Corporation (IFC), a member of the World Bank with 10 % stake in the Bank capital.

The check up results proved that the bank activities are based on the consequent strategy development, observance of the legislation, ensuring shareholders, clients and partners interest. At present the Bank actively implements its plans on crediting small and medium size businesses and retail, internal infrastructure improvement to provide quality and various services to its clients.