OREANDA-NEWS. November 06, 2009. Kazkommertsbank (Almaty), the listed company of Kazakhstan Stock Exchange, provided to KASE the following press release, reported the press-centre of KASE:

Kazkommertsbank, one of the largest banks in Kazakhstan and Central Asia, has announced today the repayment of its Eurobond. The US500 million Eurobond was issued in November 2004 by Kazkommertsbank's subsidiary, Kazkommerts International B.V.

The Eurobond was repaid in full on the date of its maturity from the Bank's own funds. As previously announced, this Eurobond had already been partially bought back by the Bank.

лWe hope that the international investor community will see this as a positive development as confidence increases in Kazkommertsbank and the Kazakh banking sector in general, -said Ms. Nina Zhussupova, Chairperson of the Management Board of Kazkommertsbank.