OREANDA-NEWS. December 08, 2009. Kazkommertsbank (Almaty), listing on the Kazakhstan Stock Exchange (KASE), informed KASE, reported the press-centre of KASE:

Kazkommertsbank informs on the beginning of payment of dividend on preferred shares of the bank for 2008 - December 10, 2009 (through a decision of the Annual general meeting of shareholders of Kazkommertsbank held May 26, 2009).

The dividend shall be paid non-cash through crediting of money to personal accounts of shareholders - holders of preferred shares of the bank. The bank is located at 135g, Gagarin ave., Almaty, 050060, banking details: c/a 900161126 in the Department for monetary transactions of the Kazakhstan National Bank, code 125, bank identifying code 190201125, TIN 600400055239).

The dividend size for one preferred share of the bank is calculated in the tenge according to the formula: 0.04 times accounting rate of the bank as on the dividend payment date. "Accounting rate of the bank" is the rate of the tenge to the dollar resultant in the morning (main) session of the Kazakhstan Stock Exchange on the business day, previous to the day of setting of the accounting rate of the bank.