OREANDA-NEWS. On June 22, 2009 Insurance company Eurasia (Almaty) provided Kazakhstan Stock Exchange (KASE) with a press release, reported the press-centre of KASE:

Management of the holding informed on end of all legal procedures related to reorganization of finance holding Eurasian finance company (earlier – Eurasian Finance and Industrial Corporation). The reorganization resulted in a classical finance holding, which is a sole shareholder of four financial companies:

- Eurasian Bank was established in 1994. Currently the bank enjoys 18 branches and 50 units. The bank was acknowledged the most reliable Kazakhstan bank by Euromoney.

- Insurance company Eurasia was established in 1995. Currently Insurance company Eurasia is operating in over 75 countries. In 2008 international rating agency A.M. Best affirmed Eurasia's financial stability ratings at "B++" and credit rating "bbb", outlook stable. This rating of A.M. Best as at the moment of release is the highest among CIS countries, and in Central and Eastern Europe.

- Eurasian accumulative pension fund was established in 1999. In May this year the fund became the third according to sufficiency of own capital K1 and the first on the pension market regarding the volume of pension deposits, attracted on voluntary basis.

- Eurasian Capital, established in 1998, is confidently increasing its share on the market of elite brokerage service.

Thus, a universal financial group, rendering wide range of service and aimed at dynamical development and growth with account of synergic effect of reorganization, was established.

The head of Eurasian finance company is Almira Akhmetkarimova. Ms Akhmetkarimova has a significant expertise of work in different financial organizations in Kazakhstan specializing in international financial institutions and capital markets.