OREANDA-NEWS. On May 11, 2007 JSC Kazkommertsbank (“KKB”), one of the leading banks in Kazakhstan, announced the re-branding of its retail banking arm as "Kazkom". The re-branding coincides with the launch of a branch modernisation programme and reflects the general trend amongst its customers to refer to the bank as "Kazkom", reported the press-centre of JSC Kazkommertsbank.


As part of the Bank’s expansion programme, KKB also plans to open up to 80 new branches throughout the Republic during the course of 2007. Kazkom will continue to expand the banking products available to its retail customers including the development of internet banking services. Commenting on today’s announcement, Mr. Andrey Timchenko, Managing Director of the Bank, stated: “The re-branding of our retail branch network reflects our commitment to develop our network and service range in order to provide our retail customers with the best experience possible. We are extremely well positioned to continue to grow market share in a rapidly expanding market".