Full Description
AO ''Alliance Bank'' (ALLBq.L) (London Stock Exchange)
Al'yans Bank AO (Alliance Bank JSC) is a Kazakhstan-based universal bank. It is the successor of IrtyshBusinessBank (Pavlodar). The Bank’s services are directed to retail and corporate clients and comprise mortgages, loans and guarantees, deposits, foreign currencies exchange, dealing with securities, transfer of cash payments, as well as other banking services. As of April 1, 2009, the Bank operated through a network of 24 affiliated companies. Al'yans Bank AO has two wholly owned subsidiaries: ALB Finance BV located in the Netherlands and Alliance Finance OOO located in Russia. It is a member of the Kazakhstan Deposits Insurance Fund (KDIF), which protects interests of its depositors, the Visa International Service Association, the Society for Worldwide Interbank Financial Telecommunication (SWIFT), and others.
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