OREANDA-NEWS. April 01, 2011. President Nursultan Nazarbayev Receives Chairman of the Board of Directors of Kazkommertsbank, JSC Nurzhan Subkhanberdin. Nurzhan Subkhanberdin briefed the President on the development dynamics of Kazkommertsbank and thanked for the adoption of drastic measures throughout the financial crisis that provided sufficient financing to banks and SME-s.

The issues on decrease in debt burden of domestic companies work in non-raw materils sector of the economy were discussed at the meeting.

“It is obvious that banks should provide lending for the development of non-raw materils sector. In the current year we set an important task to provide long-term funding of our corporate clients’ projects and mortage lending. For that we continue working both with the capital markets and the Government. We think 2011 will be an important year for our country and for our Bank, which will celebrate its 20th anniversary. We started this year with confidence, and with a plan to meet the challenges that lie ahead of us,” Nurzhan Subkhanberdin highlighted.