Development Bank of Kazakhstan Approves Financial Statements for 2007
OREANDA-NEWS. On October 27, 2008 Development Bank of Kazakhstan (Astana, the Bank) securities of which are traded in the official list of Kazakhstan Stock Exchange (KASE) provided KASE with an extract from the decision dated October 21, 2008 of the Board of Directors of Fund of Sustainable Development Kazyna (Astana) sole shareholder of the bank, reported the press-centre of KASE.
The sole shareholder made the following decisions:
- to approve consolidated financial statements of the bank for 2007;
- to allocate KZT2,954,185,000 of consolidated net income for reserve capital;
- the bank must ensure release of consolidated financial statements in the Mass Media in accordance with the current legislation of Kazakhstan.