OREANDA-NEWS. On October 23, 2007 Nurbank JSC (Almaty), securities of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list had provided KASE with the press-release with next contention, reported the press-centre of KASE:

Today daughter company of Nurbank JSC NurFinance B.V. conducted the maturity of syndicated loan for amount of $135 m.

The given loan was provided to Nurbank by syndicate of foreign banks in October 2005 for 12 months' term. At that to the bank was also provided the option for prolongation of loan for next 12 months. Initial sum of loan made $100 m. In October 2006 it was prolonged to next term. Organizers of the loan were ING Bank N.V. (Netherlands) and Citigroup (USA).

Maturity of liabilities before foreign creditors did not cause difficulties from bank, moreover, currently Nurbank is net-creditor on the market of interbanks borrowings in Kazakhstan. It had become the consequence of measures, undertaken by the bank in relation of improvement of its liquidity position, and also adequate assets and liabilities management. By the words of deputy chairman of board Arystanbek Kurmangaliyev, currenting the international block, Nurbank on practice had confirmed the ability of banking sector of Kazakhstan to meet all liabilities before foreign investors in full volume and in time.

Nurbank JSC enters the ten of largest banks of RK. As of October 1, 2007 assets of the bank totaled KZT203,060,336 th., shareholders equity of bank - KZT44,376,550 th., while authorized capital made KZT27,119,505 th.