Subsidiary of BTA Bank joint-stock company - Insurance company London-Almaty drawn to administrative responsibility

/KASE, December 3, 14/ – Subsidiary of BTA Bank joint-stock company - Insurance company "London-Almaty" JSC (Almaty, hereinafter – the Company), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter of December 3, 2014 informed KASE of the following: quote ... based on a Resolution of National Bank of Republic of Kazakhstan dated November 28, 2014, the Company, for violation provided for in part 1 of article 173 of Kazakhstan's Administrative Violations Code , was drawn to administrative responsibility in form of a penalty to the amount of 50 (fifty) monthly calculation indices, which makes KZT92,600 (ninety two thousand six hundred)". unquote [2014-12-03]