Kazkommertsbank says license of BTA Bank for banking and other operations and activities in the securities market was terminated

25.06.15 12:11
/KASE, June 25, 15/ – Kazkommertsbank JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release: quote BTA Bank JSC (BTA) and Kazkommertsbank JSC (KKB) announce the termination as of June 23 of BTA license to conduct banking and other operations and activities in the securities market in connection with the voluntary request of BTA submitted to the National Bank of Kazakhstan to terminate license. The license was terminated on the basis of the Order of the National Bank of Kazakhstan No. 268 of June 23, 2003 "On the termination of the license to conduct banking and other operations and activities in the securities market issued to BTA Bank JSC". unquote Full version of the press release is availble on KASE website in Russian at http://www.kase.kz/files/emitters/KKGB/kkgb_reliz_240615.pdf [2015-06-25]