Election of Deputy Chairman of Directors Board of “BTA Bank” JSC
Directors Board of “BTA Bank” JSC (Decision № 30 dd. July 08th 2015) made the following decisions
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 (hereinafter – Bank) informs about alienation of shares of the Bank subsidiary companies to the “Kazkommertsbank” JSC on the basis of the signed Contract on Simultaneous Transfer of Assets and Obligations dd. June 15th 2015
Kazkommertsbank and BTA Bank announce deconsolidation
30 June 2015, Almaty – JSC Kazkommertsbank (“the Bank” or “KKB”), one of the largest banks in Kazakhstan and Central Asia, today announces that it has transferred its controlling stake in BTA to KKB’s major shareholders following the transfer of assets between the two banks and the revocation of BTA’s banking licence. As a result, BTA will not be consolidated in KKB’s financial statements.