Tsesnabank imposed administrative penalty

/KASE, November 23, 15/ – Tsesnabank JSC (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote ... on the basis of the decision on the imposition of an administrative penalty in the case of an administrative offense by the National Bank of the Republic of Kazakhstan of November 11, 2015 for committing an administrative offense under Part 2 of Article 213 of the Code of the Republic of Kazakhstan on Administrative Offences (unreliable, as well as incomplete reports, data or other requested information provided by banks, founders (shareholders) of a bank and (or) its affiliates, as well as bank holdings and persons being large participants of a bank, a bank holding, organizations engaged in certain types of banking operations), the Bank was subjected to an administrative penalty in the form of a fine in the amount of KZT396,400 (three hundred ninety six thousand four hundred)". unquote [2015-11-23]