Jýsan Bank Placed Its Bonds on the KASE

March 27, 2020, Almaty. – Jýsan Bank held a special trading session at KASE to place its bonds worth 15 billion Tenge. The session was the final phase of the package of stabilizing measures announced by Tsesnabank JSC in the early 2019. So, the stabilizing measures are deemed completely accomplished.

"Throughout 2019, much was done to increase revenues, optimize expenditures and improve the quality of the credit portfolio. The issued bonds are the final phase of the financial institution improvement measures. The gained proceeds will be used to improve liquidity of the Bank, ensure the rise in the credit portfolio and further development of the Bank in compliance with its approved strategy," Chairman of the Management Board of Jýsan Bank, Aibek Kayip, said.

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