Milestones

 

Transformation into universal commercial institution

  • Management team is strengthened with professionals having extensive banking experience in Kazakhstan, Kyrgyzstan, Latvia, Russia, Ukraine.
  • Bank’s equity has been increased by KZT 4 bln and achieved KZT 12 bln (US$ 99 million) 
  • Restyling of the Bank and its subsidiaries.
  • As of July 1, 2008, the Bank moved to the 9th position in terms of assets among allcommercial banks in Kazakhstan.
  • Becoming a principal Member of Visa International.
  • Design of Eurasian Bank’s card VISA Infinite Eurasian Diamond Card is recognized as the best in CEMEA.
  • Eurasian Bank and Visa present the first in the world exclusive card with diamond and golden ornament – VISA Infinite Eurasian Diamond Card.
  • Eurasian Bank completed the last large payment on its external obligations.
  • Eurasian Bank became a member of the first auction on futures for fine gold at KASE.
  • For the first time in Kazakhstan, Eurasian Bank launches Visa cards for children.
  • The Agency of Financial Supervision registered bonds program of Eurasian Bank to the amount of KZT 100 billion.
  • Eurasian Bank paid off syndicated loan in the amount of $ 51,5 million.
  • Eurasian Bank increases for more than 3 times the size of authorized capital of its affiliated pension fund.
  • 2 new cash and settlement branches opened in Astana.
  • For the first time, the Bank has been acting as investment bank and become financial consultant and underwriter of bond issuance by Kazakhstan Kagazy Company to the amount of $100 million.
  • International payment system Visa International increased the Bank’s status to Principal Member.
  • Equity of the Bank has been increased by KZT 4 billion and achieved KZT 12 billion (US$ 99 million).
  • Eurasian Bank and its affiliates perform restyling.
  • Changeover of Bank’s management team. Key positions in management of the financial institute were taken by experienced managers with large experience at the banks in Kazakhstan, Russia, Ukraine and Latvia.