OREANDA-NEWS. Kaspi Bank JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following:

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1) date of the decision made by the authority of the joint stock company to receive the loan: July 27, 2015 (Minutes No.2015/07-71);

2) date of receipt of the loan by the joint stock company: September 3, 2015;

3) the intended use of the loan received by the joint stock company: the purpose of the bond placement is to increase the Bank's funding base. The money raised from the bond issues will be used for revitalization of the Bank and its branches in the corporate, SME and retail lending business, as well as expanding the range of services of the Bank;

4) size of the loan received by the joint stock company: KZT39,999,999,864.06;

5) the percentage of the size of loan received by the joint stock company to equity capital of the joint stock company: 25.78% of the equity capital of the Bank.

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