ATFBank Signed Memorandum with North Kazakhstan Akimat
OREANDA-NEWS. January 26, 2010. ATFBank (Almaty), securities of which are present in Kazakhstan Stock Exchange (KASE) official list, provided to KASE the following press release, reported the press-centre of KASE:
The Memorandum of Cooperation between ATFBank and North Kazakhstan Akimat was signed.
On behalf of ATFBank the document was signed by Managing Directot R. Yakupbaev on behalf of Akimat by Deputy Akim S. Eskendirov.
ATFBank, when it became the UniCredit Group part has an opportunity to provide to its clients more beneficial terms of funding at the European standards level.
The Memorandum will allow implementing long-term projects on funding agricultural, processing industry, energy and construction projects and crediting private entrepreneurs.
Today ATFBank proposes the simplified procedure of primary consideration of large projects - during 2 weeks it makes the preliminary decision on funding, which in 95% cases is approved. This system is being successfully used worldwide and shows positive results in Kazakhstan.
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