ATF Bank says Grandes Life Insurance Company drawn to administrative responsibility

/KASE, June 29, 15/ – ATF Bank JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of bringing Life Insurance Company Grandes JSC to administrative responsibility by the decisions of the National Bank of the Republic of Kazakhstan dated June 24, 2015 "under part 2 of Article 228, part 2 of Article 174, part 6 of Article 173 of the Code of the Republic of Kazakhstan on administrative offenses and imposing an administrative penalty in the form of a fine". [2015-06-29]