JSC BTA Bank Announces Major Transaction
29 June 2015, Almaty, Kazakhstan – JSC BTA BAnk (“BTA”) today announces that it has signed an agreement with JSC National Wealth Fund “Samruk-Kazyna” (“the Fund”) and JSC BTA Kazkommertsbank (“KKB”) to transfer the debt BTA owes to the Fund to the KKB (“transaction with the Fund”). The deal constitutes major transaction and it was approved by the Board of Directors BTA on 25 June 2015.
Termination of license for bank operations and others also securities market activity of “BTA Bank” JSC №1.2.26/196/35 dd. 30.01.2015
Hereby «BTA Bank» JSC (hereinafter – Bank) informs about termination of license for bank and other operations and securities market activity of “BTA Bank” JSC №1.2.26/196/35 dd. 30.01.2015 in compliance with order # 268 of Deputy Chairman of National Bank of the Republic of Kazakhstan dd. June 23rd 2015
Kazkommertsbank Announces Major Transaction
25 June 2015, Almaty, Kazakhstan - JSC Kazkommertsbank (“KKB” or “The Bank”) (LSE: KKB; KASE: KKGB), one of the largest banks in Kazakhstan and Central Asia, today announces that the Bank (acting in its capacity of creditor) has opened credit line to JSC BTA Bank (“BTA”) (acting in its capacity of the borrower) to repay the debt of BTA to the Bank under (i) the Agreement on simultaneous transfer of assets and liabilities between the Bank and BTA
Cancellation of BTA banking license
24 June 2015, Almaty, Kazakhstan. JSC BTA Bank (“BTA”) and JSC “Kazkommertsbank” (“KKB”, “The Bank”) announce today that the banking license of BTA to conduct banking and other operations at the securities market ceased to be effective starting from 23 June 2015 as BTA applied to the National Bank of Kazakhstan to voluntarily surrender its banking license.
"BTA Bank Announces Major Transaction
«BTA Bank» JSC (hereinafter – Bank) Bank (seller) informs about decision on closure of large deal with the National Bank of the Republic of Kazakhstan (buyer) made by Directors Board of “BTA Bank” JSC on June 15th 2015. This deal related to sale of bonds issued (emitted) by “Samruk-Kazyna” JSC and termination of “BTA Bank” JSC (debtor) obligations under Sale and Repurchase Agreement bargain towards the National Bank of the Republic of Kazakhstan (creditor) by setoff of mutual counter claims and obligations.
Data on changes in the list of the organizations, wherein “BTA Bank” Joint-Stock Company possesses ten and more percent of shares (a share, shares of each such organization)
Hereby “BTA Bank” JSC (further - the Bank) notifies on a stock transfer from the affiliated organizations of Bank to “Kazkommertsbank” Joint-Stock Company on the basis of the signed Contract on Simultaneous Transfer of Assets and Obligations w/n dated on June 15, 2015
Kazkommertsbank and BTA Bank complete simultaneous transfer of assets
15 June 2015, Almaty, Kazakhstan – JSC Kazkommertsbank (“KKB” or “the Bank”) (LSE: KKB; KASE: KKGB), one of the largest banks in Kazakhstan and Central Asia, and JSC BTA Bank (“BTA”) today announce they have signed an Agreement on the simultaneous transfer of assets and liabilities (“the Agreement”) between the two banks.
«BTA Bank» JSC informs about results of annual general meeting of shareholders
June 02nd 2015, Almaty city, - Annual general meeting of shareholders of «BTA Bank» JSC (Bank) was made the following decisions