22.12.2015, 15:53
Kazkommertsbank deal with BTA Bank on simultaneous transfer of assets and liabilities finalized
OREANDA-NEWS. Kazkommertsbank JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release:
quote
Kazkommertsbank JSC (hereinafter – KKB) finalizes the deal (transaction) with BTA Bank JSC (hereinafter – BTA) on the simultaneous transfer of assets and liabilities.
The Agreement on the simultaneous transfer of assets and liabilities was signed between KKB and BTA on June 15, 2015 (hereinafter – the "Agreement") after the approval of the National Bank of the Republic of Kazakhstan to conduct the deal on the simultaneous transfer of assets and liabilities and the publication of a notice on the execution of this transaction in accordance with Article 61-4 of the Law on Banks.
unquote
The full version of the press release is available on KASE website at:
- http://www.kase.kz/files/emitters/KKGB/kkgb_reliz_221215.pdf – in Russian;
- http://www.kase.kz/files/emitters/KKGB/kkgb_reliz_221215_eng.pdf – in English.
quote
Kazkommertsbank JSC (hereinafter – KKB) finalizes the deal (transaction) with BTA Bank JSC (hereinafter – BTA) on the simultaneous transfer of assets and liabilities.
The Agreement on the simultaneous transfer of assets and liabilities was signed between KKB and BTA on June 15, 2015 (hereinafter – the "Agreement") after the approval of the National Bank of the Republic of Kazakhstan to conduct the deal on the simultaneous transfer of assets and liabilities and the publication of a notice on the execution of this transaction in accordance with Article 61-4 of the Law on Banks.
unquote
The full version of the press release is available on KASE website at:
- http://www.kase.kz/files/emitters/KKGB/kkgb_reliz_221215.pdf – in Russian;
- http://www.kase.kz/files/emitters/KKGB/kkgb_reliz_221215_eng.pdf – in English.
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