Bank CenterCredit discloses results of checking collateral on bonds of BTA Ipoteka, subsidiary organization of BTA Bank

/KASE, August 5, 15/ – Bank CenterCredit JSC (Almaty), representing holders of bonds KZP03Y10B642 (KZ2C00000867, KASE official text, "other debt securities" category, BTAIb9) of BTA Ipoteka JSC, subsidiary organization of BTA Bank JSC (Almaty), listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of a random inspection of the collateral being the pledge on obligations of BTA Ipoteka JSC, subsidiary organization of BTA Bank JSC, towards its bondholders according to collateral registers as of July 1, 2015. On the basis of the inspection Bank CenterCredit JSC has informed of the following: quote The collateral and collateral ratio of the mortgage bonds comply with requirements of the bond prospectuses and collateral agreements. Coupons are paid timely and in full. According to the random inspection, the Representative has recommended to the Issuer to enhance further control over data entry into the loan registering system, monitoring collateral and inform of relevant measures taken. Responsibility for the accuracy of the provided information required for analysis of state of the collateralized property rests with the management of BTA Ipoteka JSC, subsidiary organization of BTA Bank JSC. Also we inform you that according to Kazakhstan Stock Exchange JSC, as of July 1, 2015 the sole shareholder of BTA Ipoteka JSC, and accordingly, the sole person holding shares of BTA Ipoteka JSC is Kazkommertsbank JSC (Almaty, Republic of Kazakhstan, 100 % of the total number of outstanding shares of the company). unquote [2015-08-05]