Tsesnabank JSC announces 2009-2010 Strategy

The new strategy ? the strategy of qualitative growth ? is based on three main components: orientation on customers, improvement of risk-management system, IT technologies and innovations. ?The most important thing is to provide qualitative service. The Bank actively develops its own product line?, D. Zhaksybek said. According to him, to date the Bank cooperates with PricewaterhouseCoopers, a foreign consultant on implementation of up-to-date technologies into risk-management system. ?We also plan to realize two IT projects which will allow us to be more mobile and qualitative from the viewpoint of service?, he informed. Tsesnabank will continue pursuing the policy of stable structure of assets, objectively estimate the quality of loan portfolio and form the reserves. ?Our goal is to support only qualitative growth and we expect significant growth of assets?, D. Zhaksybek said.