ALMATY. March 3. KAZINFORM /Daniyar Sikhimbayev/ «Tasks on stabilization of the situation in «Nurbank» JSC and on construction of frameworks for market development of the bank in the SME and retail business business, set in August, 2007, were accomplished», the head of the bank has said today at the special press conference, Kazinform reports. Board of Directors of «Nurbank» JSC introduced new chairman - Marat Zairov, who formally assumed the office yesterday. Changes in the leadership were forced by the accomplishment of the stabilization stage and the necessity to strengthen bank’s further development. According to M.Zairov, the foundations of effective corporate management, built in accordance with advanced world standards, were laid down; the image of the bank was essentially improved. Restyling of the bank is aimed at emphasizing the main principles of the bank work - openness and transparency. We will proceed from the situation. We have an opportunity to organize our business-process in a proper way and enter the market with products that will be in demand in the current situation», M.Zairov noted. Emphases on the development of small and middle and retail businesses, formation of mechanisms for cross-selling are among the top priorities of the new head of the bank. The bank will follow temperate-conservative policy of development, placing stake on domestic sources of funding and temperate accumulation of assets.