Altyn Bank (Subsidiary Bank of Halyk Savings Bank of Kazakhstan) announces that China CITIC Bank Corporation Limited gave consent for acquiring bank holding status and for acquisition of the bank’s subsidiary

11.04.18 12:36
/KASE, April 11, 2018/ – Altyn Bank (Subsidiary Bank of Halyk Savings Bank of Kazakhstan) (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has notified KASE as follows: quote "The National Bank decided to give a consent to China CITIC Bank Corporation Limited to acquire bank holding status of Altyn Bank (Subsidiary Bank of Halyk Savings Bank of Kazakhstan)..., and to issue a permit to China CITIC Bank Corporation Limited on the acquisition of a subsidiary of Altyn Bank (Subsidiary Bank of Halyk Savings Bank of Kazakhstan).... unquote More details are available on KASE website (in Kazakh and Russian) – http://kase.kz/files/emitters/ATBN/atbn_other_accidents_060418_649.pdf [2018-04-11]