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On entering into a related party transaction

12.12.2013 00:00:00

Hereby BTA Bank JSC notifies that on November 29, 2013, the Board of Directors of the Bank took resolution to enter into related party transaction:


Information on entering into related party transaction by the joint-stock company:


1) Date of taking resolution on the transaction by the Board of Directors – November 29, 2013;

2) Value of the transaction subject - n/a;

3) Date of the latest valuation of the transaction subject – n/a;

4) Percentage ratio of value of transaction subject to the total value of assets of this joint-stock company – n/a;

5) Main terms of the transaction:

- transaction subject – placement of funds as bank deposit;

- product name – “Bazis” deposit; 

- deposit amount – EUR 42,255.20 (forty two thousand two hundred fifty five Euro twenty eurocents);

- deposit period – one year;

- interest rate – 1.95 (one point ninety five) per cent per annum, in case of early termination of agreement - 0 (zero) per cent, in case of period of deposit up to 1 (one) month, 0.1 (zero point one) per cent, in case of period of deposit over 1 (one) month;

- terms of interest payment – in the end of the period;

- possibility of partial withdrawal and additional depositions – not allowed;

6) Date of the transaction – December 6, 2013.