Temirbank and ForteBank excluded from members of KASE following voluntary waiver of membership
16.01.15 18:10
/KASE, January 16, 15/ – Following a decision of Kazakhstan Stock Exchange
(KASE) Board of Directors, from January 16, 2015
- Temirbank JSC in "foreign exchange", "stock" and "derivatives" categories;
- ForteBank JSC in "foreign exchange" category,
were excluded from members of KASE following voluntary waiver of
membership.
That means that Temirbank JSC and ForteBank JSC are no longer members of
KASE and not allowed to trade on KASE in any instruments.
This decision was taken in accordance with sub-items 1) and 2) of item 1 of
Article 12 of KASE internal document "Regulations on Membership" based on an
official letter from Temirbank JSC and ForteBank JSC on their exclusion from
members of the stock market due to their forthcoming reorganization and merger
with Alliance Bank JSC.
[2015-01-16]