Bank RBK announces dropping merger transaction with Qazaq Banki

12.10.17 17:02
/KASE, October 12, 2017/ – Bank RBK (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of October 12, 2017: quote Bank RBK hereby informs you that after conducting counseling and analysis of a proposed scheme of merger with Qazaq Banki, both banks decided to drop the merger deal. Currently, it appears more reasonable and expedient to continue as independent financial institutions. As of October 1, 2017 assets of Bank RBK were worth KZT970.7 bn, loan portfolio – KZT717.8 bn, clients' funds – KZT570.4 bn, including individual deposits – KZT194.5 bn. The bank's equity as of the reference date made up KZT97.6 bn, shareholder capital – KZT64.4 bn. The Bank's net income over 9 months of 2017 made up KZT3.1 bn. The Bank has offices in Astana, Almaty, Aktau, Aktobe, Atyrau, Karagandy, Kokshetau, Pavlodar, Taldykorgan, Oskemen, Shymkent, Semei and Ekibastuz. Contacts for media: Press-service of Bank RBK tel. +7(727) 330-90-30, ext. 1518 shen_v@bankrbk.kz akhremushkin_v@bankrbk.kz www.bankrbk.kz unquote [2017-10-12]