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Repayment of Synd. loan Apr.09

9 April

On April 09, 2009 Nurbank has effected the only for 2009 foreign debt repayment of syndicated loan amounting to USD100 mln. and accrued interest in strict compliance with the Schedule.

The Facility was organized on April 11, 2007, Deutsche Bank AG (London Branch) , Raiffeisen Zentralbank Österreich Aktiengesellschaft and Bank Austria Creditanstalt AG together with Bayerische Hypo- und Vereinsbank AG (Both Members of Unicredit Group).

For the year 2009 Nurbank has met all its external obligations having repaid this Syndicated Loan using its own resources with no refinancing or additional funding attracted. This fact confirms the stability and the trustworthiness of the Bank.

The share of the foreign debt in the form of syndicated loans and Eurobonds in the Bank’s total liabilities has decreased from 11% to 8% being the one of the minimum levels among Kazakh Banks.

The Bank has only one Eurobonds issue outstanding in amount of USD150 mln. maturing in 2011.

Nurbank JSC is among the ten largest banks of Kazakhstan. According to audited, consolidated IFRS Bank’s financial statements as of 31.12.08 the Assets of the Bank have made KZT 298.8 bln. comparing to KZT 198.7 bln. at 31.12.07 with the growth of 50.4%.
Customer Deposits have been increased from KZT 58.8 bln (31.21.07) to KZT 185.5 bln (31.12.08) and made up over 70% of total obligations.

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