OREANDA-NEWS. August 17, 2011. Bank CenterCredit (Almaty), the representative of holders of mortgage bonds KZP07Y10C336 (KZ2C00000461, TEBNb18; KZT0.01, KZT10.0 bn; March 15, 2010 - March 15, 2020; floating semi-annual coupon, 9.80 % APR in the current coupon period; 30/360) of Temirbank (Almaty), listed on Kazakhstan Stock Exchange (KASE), has informed KASE by an official letter on the random check of the pledge property securing Temirbank obligations on bonds as of July 1, 2011, reported the press-centre of KASE.

Based on the check Bank CenterCredit informed:

... the check results showed compliance of the pledge and coverage ratio with bonds issue prospectuses and the pledge agreement.

Also, by the check results the Representative has recommended Temirbank to enhance the ensuing control of information entry to the loans registration system, monitoring of the pledged assets, repayment of the principal and notify on measures undertaken.

Temirbank's management is responsible for the reliability of provided information needed for the financial and property status analysis, ensuring of obligations fulfillment towards holders of Temirbank bonds NIN KZP07Y10C336 holders.