Bank CenterCredit JSC (KAS: CCBN) announced a private placement of 6,000,000 common shares at a price of KZT 300 per share for gross proceeds of KZT 1,800,000,000 and 20,000,000 preferred shares at a price of KZT 300 per share for gross proceeds of KZT 6,000,000,000 for aggregate proceeds of KZT 7,800,000,000 on January 31, 2019. The preferred shares are convertible into common shares of the company.