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AMERICAN EXPRESS AND JSC "KAZKOMMERTSBANK"

News created: 21. september 2007 21:25
New Cards Offer Consumers Innovative Benefits

ALMATY, September 18, 2007 -- JSC "Kazkommertsbank" today announced the launch of the American Express® Gold Card and The Platinum Card® from American Express in Kazakhstan. The new cards, available in Kazakhstani tenge or US dollar denominations, have been designed to meet the needs of a wide range of local consumers who seek a card product that can support their financial and lifestyle needs.

Kazkommertsbank is the exclusive issuer of American Express Cards in the market and is also responsible for signing new merchants in Kazakhstan to accept American Express Cards.

Yermek Shamuratov, Managing Director of JSC "Kazkommertsbank" commenting on the launch of the first American Express cards in Kazakhstan said: "Stability, guarantees, quality are our day-to-day values, and we are pleased to partner with American Express to create card products that provide financial flexibility as well as features never before seen in this market."

"We are extremely proud to partner with Kazkommertsbank to offer these innovative card products in the Kazakhstani market," said Debra Davies, Vice President and General Manager, American Express. "The financial and lifestyle needs of consumers in this market have been evolving rapidly in recent years, and these American Express Cards are deigned to meet the needs of Kazakhstani consumers when they are shopping at home or traveling abroad."

The new American Express Cards launched today provide a number of benefits and services that are new to the Kazakhstani market as well as several core benefits associated with the American Express brand and products around the world.

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