/KASE, June 30, 15/ – Kazkommertsbank JSC (Almaty), whose securities are
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with
the following press-release:
quote
JSC Kazkommertsbank ("the Bank", "KKB"), one of the largest banks in Kazakhstan
and Central Asia, today announces that it has signed an agreement with JSC
National Wealth Fund "Samruk-Kazyna" ("the Fund") and JSC BTA Bank ("BTA") to
transfer the debt BTA owes to the Fund to the Bank ("transaction with the
Fund"). The deal constitutes major transaction and it was approved by the Board
of Directors on 24 June 2015.
unquote
The full press-release is available on KASE website in Russian at
http://www.kase.kz/files/emitters/KKGB/kkgb_reliz_290615.pdf
[2015-06-30]