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Tel +(727) 258-70-30 int.138
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Tel +(727) 258-70-30 int.141
This is in reference to the recent press report regarding the restriction of our banking license by the National Bank of Kazakhstan ( NBK) from opening new individual accounts and accepting new deposit there in for a period of three months.
We would like to clarify that this is due to a temporary noncompliance of NBKs directive on bank capital.
The restriction applies to opening new individual (non corporate) accounts only and does not affect our other business operations. Our existing customers will remain unaffected and we will continue to service their financial requirements as usual.
The Bank also continues to pursue its business development plans and our business is managed within prudential norms regarding to liquidity and capital adequacy, first of all. Now almost US$24 million of the Banks US$ 35 million capital is currently held in cash and liquid assets.
The shareholders are committed to their business in Kazakhstan and to remain in compliance with the regulatory regime in the country.
The noncompliance is temporary event and we are committed to comply with NBK requirements.
For further clarifications, please contact:
Natalya Cheremisina Director of Operational Department
Tel +(727) 258-70-30 int.138
Aliya Nurtazina Director of Risk-management Department, Member of
Management Board
Tel+(727) 258-70-30 int.141
ZAKON.KZ