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On entering into a related party transaction


Herewith BTA Bank JSC kindly notifies that on May 31, 2014 the Board of Directors of BTA Bank JSC resolved to enter into transaction where the Bank has interest:

Information on transaction of the Joint-Stock Company where it has interest


1)      date the Board of Directors takes resolution on the transaction: May 30, 2014;

2)  value of the property subject to the transaction: N/A; 

3)  date of the last evaluation of the property subject to the transaction: N/A; 

4)  interest ratio of the value of property subject to the transaction to the total value of assets of the company: N/A; 

5) main conditions of the transaction: 

6) to establish  repayment scheme No.3 (20%);

7) to fix nominal interest rate of 10% p.a. of the loan debt;

8) to fix fee for cashing in BTA Bank JSC network as well as network of other second-tier banks of 2%;

9) any other credit conditions under Bank Loan Agreement No.0004-0487/CZK2/KZ77319A010005463336 dated June  21, 2013 shall remain unchanged.