OREANDA-NEWS. August 09, 2010. Bank CenterCredit (Almaty), the representative of mortgage bond holders of mortgage bonds KZP07Y10C336 (TEBNb18; KZT10.0 bn; March 15, 10 - March 15, 20; free floating semi-annual coupon, 8.00 % APR for the first circulation year; 30/360) of Temirbank (Almaty), listed on Kazakhstan Stock Exchange (KASE), informed KASE by the  official letter on the random check up of the pledge property securing Temirbank obligations on bonds as of July 1, 2010, reported the press-centre of KASE.

Based on the check up Bank CenterCredit informed:

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... the check up results showed compliance with bonds issue prospectuses and pledge agreements.

Also, by the check up results recommended Temirbank to enhance the control of information entry to the loans registration system, monitoring of a pledge subject and notify on measures undertaken.

Temirbank management is responsible for reliability of provided information needed for the financial and property status analysis, securing obligations fulfillment to Temirbank bond holders.