OREANDA-NEWS. May 20, 2010. Alliance Bank is launching a consumer crediting program - ALLIANCECREDIT (for individuals), reported the press-centre of KASE.

ALLIANCECREDIT is a high tech product with the following features;

- revolving credit limit with possibility to redeem debt in soft period at 0 % rate;

- granting credits through a payment card with a credit limit;

- flexible crediting terms.

Credit currency - the tenge. Crediting term - 3 - 7 years. Credit sum - KZT100,000 - KZT5,000,000 or 90 % of the deposited sum.

For details on crediting terms contact the bank or the contact center: +7 (727) 258-40-40 or 8 8000 800 000 (calls are toll free).

Earlier on February 10, 2010 the bank resumed crediting of small and middle businesses, and April 1, 2010 resumed receiving funds from population and companies to deposits under the ALLIANCE DEPOSIT program. The bank resumed its operation in full after one and half months after the restructuring.

Bank chairman Maksat Kabashev commented: "We see the renaissance of the bank thanks to a timely help from the state entering the bank capital. Now that Alliance Bank regained feet and resumed crediting in full, we can see how fast the Kazakhstan economy began to receive the effect of National welfare fund Samruk-Kazyna implementing the government stabilization program".