business and economy

Eurasian Bank plans to increase market share

By SRI ⋅ September 5, 2008 ⋅  Email This Post ⋅  Print This Post ⋅ Post a comment

(SRI) - Eurasian Bank, the 10th largest bank in Kazakhstan, wants to expand its market share in Kazakhstan’s banking from current 2 percent to 7 percent by the end of 2010, Interfax reported citing the bank’s CEO Zhomart Yertaev.

The bank will expand its focus on retail clients and plans to open 10 new service outlets and 46 more ATMs by the end of the year, Yertayev said at a press conference on Wednesday.

Yerteav also announces plans to increase bank’s capital from the current $300 ml to $500 ml by 2010.

Tags: banking, Eurasian Bank

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