Categories: Economy
      Date: Sep 26, 2007
     Title: American Express and JSC "Kazkommertsbank" launch the first American Express cards issued in Kazakhstan

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 Kazakhstan 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 Kazakhstan consumers when they are shopping at home or travelling abroad."

Americanexpress.com