Media about JSC Nurbank: Publications and Reviews in the Media

In 2014, JSC "Nurbank" not only stayed afloat but also increased its capital by 1.5 times. Bank's Chairman, Kantar Orynbayev, spoke about the institution's development prospects and how devaluation could boost the liquidity of the tenge.

On the eve of the Nauryz holiday, Nurbank gave a kind of spring gift to its clients and partners by announcing the results of its activities for the past year 2014.

With this phrase from 'Alice in Wonderland', the chairman of the board of Nurbank described the situation related to the need for small and medium banks to increase their market share.

JSC 'Nurbank' and JSC 'Damu Entrepreneurship Development Fund' signed a third agreement to participate in the program supporting SMEs engaged in manufacturing.

JSC Nurbank (Almaty), whose securities are listed on the Kazakhstan Stock Exchange (KASE), provided a press release to KASE as of March 20, 2015.

Nurbank announced its operational results for 2014 based on consolidated financial statements prepared in accordance with IFRS, as reported by Etoday.kz citing the Bank's press service.

NurBank's net profit in 2014 amounted to 2.6 billion tenge, while 2013 was unprofitable for the bank (-32.3 billion tenge). This was reported by the business information center Kapital.kz, citing consolidated financial statements in accordance with IFRS.

However, profitability indicators remain low

"&" decided to ask bank representatives what they pay attention to when reviewing business plans.

The main intrigue of the lending market in Kazakhstan — what will happen to mortgages in 2015? Some banks have suspended issuing such loans at the end of last year.

Nurbank announced an increase in its stake in the capital of its subsidiary JSC 'Accumulation Pension Fund 'Atameken'. This was reported by the business portal Kapital.kz, referencing the Kazakhstan Stock Exchange.