Eurasian Bank drawn to administrative responsibility

/KASE, November 27, 14/ – Eurasian Bank JSC (Almaty, hereinafter – the Bank), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote ... based on a Resolution No. 3-5527/14 of October 23, 2014 of Petropavlovsk Special administrative court on imposing of an administrative sanction with regard to an administrative violation case provided for in part 1 of article 209 of Kazakhstan's Administrative Violations Code Eurasian Bank (hereinafter – the Bank) was drawn to administrative responsibility in form of penalty to the amount of 50 (fifty) percent of the calculated amount of taxes and other mandatory payments to the budget, which makes up KZT64,535. According to letter No. 4170 of November 18, 2014 from North-Kazakhstan regional court, received by the Bank on November 24, 2014, an appeal of the Resolution was returned. unquote [2014-11-27]