Commencement of Adjudication of Trade Finance and ECA Claims
JSC BTA Bank (the “Bank”) is commencing an adjudication process for trade finance claims (including those owed to or guaranteed or otherwise covered by export credit agencies (“ECAs”)) in connection with the restructuring of the financial indebtedness of the Bank (the “Restructuring”).
Amendment to Financial Restructuring Principal Commercial Terms Sheet Signed By the Creditors’ Steering Committee and JSC BTA Bank
JSC BTA Bank (the “Bank”) is pleased to announce that on 17 March 2010 it and the Steering Committee signed an amendment to the principal commercial terms sheet dated 7 December 2009 setting out revised principal commercial terms for its proposed financial restructuring (the “Restructuring”).
Dear clients! Attention please! From April 15, 2010 new commission fees on SmartAlem Card payment cards will be introduced by BTA Bank.
Dear holders of local SmartAlem payment cards! We kindly inform you that as from April 15, 2010 BTA Bank will introduce new rates for transactions with payment cards SmartAlem Card.
Solomenskiy district law-court of Kiev acknowledged the restructuring process of BTA Bank as legitimate on the territory of the Ukraine
Almaty, March 2, 2010. – Today BTA Bank informed that the decision of the specialized financial law-court of Almaty city as of October 16, 2009 concerning the case on BTA Bank restructuring was acknowledged legitimate on the territory of the Ukraine.