The FCS has suspended the license of "Credit Altyn Bank" JCS in the part of deposits acceptance, opening of bank accounts of legal bodies

/IRBIS, August 8, 2011/ - Committee for the Control and Supervision of Financial Market and Financial Institutions (FSC) suspended the license to conduct banking and other operations, given to the JSC "Bank Credit Altyn", in terms of accepting deposits, opening bank accounts of legal entities, was indicated in the message of FCS. As indicated in the message, due to non-carrying out by major players of JSC "Bank Credit Altyn" (Bank) - individuals who possess a set of straight over twenty-five percent of the voting and outstanding (net of preferred shares and repurchased by the bank) Bank shares, the requirements of paragraph 3) paragraph 3 of resolution of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Institutions "On the minimum charter capital of banks and their own second-level" on September 2, 2008 # 140, registered in the Ministry of Justice of the Republic of Kazakhstan under the # 5339, to increase equity Bank, under subparagraph b) of paragraph 2 of Article 47, sub-m-1) of paragraph 1 of Article 48 of the Law of the Republic of Kazakhstan "On banks and banking activities in Kazakhstan," Board of the National Bank of Kazakhstan adopted a resolution on July 22, 2011 # 91 "On suspend the license to conduct banking and other operations, "issued by the Bank September 21, 2010 # 1.1.262, a part of accepting deposits, opening bank accounts of legal persons for a period of three months. [2011-08-08]