Subsidiary Bank Sberbank of Russia fined

/KASE, July 29, 2016/ – Subsidiary Bank Sberbank of Russia (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE of "an administrative sanction imposed on it in form of a penalty in the amount of KZT4,846,764 according to a resolution of Turksib district state revenues department in Almaty dated July 26, 2016, for committing a violation stipulated in part 1 of article 286 of Kazakhstan's Administrative Violations Code". [2016-07-29]