Kazkommertsbank is awarded with “gold” KASE Diploma
23.07.2008
July 23, 2008, Almaty – Kazkommertsbank has been awarded a “gold” Diploma at the annual Kazakhstan Stock Exchange (KASE) awards as best KASE member in the ‘Leader of Stock Exchange Market category’.
KASE members were nominated based on their 2007 financial results and winners were announced at the annual general meeting of KASE shareholders held on June 26, 2008. “Gold” and “silver” diplomas were given in five categories: Leader of Stock Exchange Market (Foreign Exchange), Leader of Stock Exchange Market (Public Securities), Leader of Stock Exchange Market (Corporate Bonds), Leader of REPO Operations Market, Leading Financial Consultant. Diplomas were not awarded in the category of Leader of Stock Exchange Market (Shares).
The winners were decided by the KASE Board of Directors on May 23, 2008, in line with the rules of Annual Encouragement of the Most Deserving Stock Exchange Members.
According to Leo Kim, Director of the Kazkommertsbank JSC Treasury Department, “…when making a decision in the Leader of Stock Exchange Market (Foreign Exchange) category, experts took into account analysis of indicators describing the extent of KASE members’ activity in the foreign exchange market, i.e. the indicator of the volume and number of deals as well as the number of efficient marketing days throughout 2007”.
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Kazkommertsbank JSC
Kazkommertsbank (www.kkb.kz) is the largest private financial institute in the CIS (by Interfaks-AFI Agency rating).According to the audited data of January 1, 2008, the Bank’s assets are more than USD 24 billion. In late 2006, Kazkommertsbank was the first among the RK banks to perform initial public offering (IPO) at the London Stock Exchange. The Bank remains the largest creditor of the real sector of economy in Kazakhstan.
For contacts:
Press Service
Kazkommertsbank JSC
Tel. +7 (727) 258-53-92, E-mail: pr@kkb.kz