08.07.2009, 18:24 2796

Alliance Bank and Creditors Committee signed memorandum of mutual understanding

JSC Alliance Bank and Creditors Committee signed the memorandum of mutual understanding concerning re-structuring of loans of the bank, the agency reports citing the press service of Alliance Bank.

Almaty. July 8. Kazakhstan Today - JSC Alliance Bank and Creditors Committee signed the memorandum of mutual understanding concerning re-structuring of loans of the bank, the agency reports citing the press service of Alliance Bank.

"Following the results of the meetings taken place with Creditors Committee on June 29-30th and on July 6-7th, 2009 in London, Alliance Bank and Creditors Committee signed the memorandum of mutual understanding concerning re-structuring of loans of the bank," the press release states.

According to Alliance Bank, the structure of Creditors Committee includes: Asian Development Bank, Calyon, Commerzbank Aktiengesellschaft, DEG Deutsche Investitions - und Entwicklungsgesellschaft mbH, ING Asia Private Bank Limited, HSBC Bank Plc, JP Morgan Chase Bank, N. A., Sumitomo Mitsui Banking Corporation Europe Limited and Wachovia Bank N. A.

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