Subsidiary Organization JSC VTB Bank (Kazakhstan) announces March 14, 2012 decisions of Board of Directors
20.03.12 12:14
/KASE, March 20, 12/ - Subsidiary Organization JSC VTB Bank (Kazakhstan)
(Almaty), whose bonds are officially listed at Kazakhstan Stock Exchange
(KASE) are officially listed at Kazakhstan Stock Exchange (KASE), has informed
KASE that on March 14, 2012 its Board of Directors took the following decisions:
quote
1. Effective from March 14, 2012 to approve limits for conducting transactions
with the Government Institution the National Bank of the Republic of
Kazakhstan for an indefinite time;
2. To approve the suggestion regarding choosing Ernst & Young as auditing
firm performing auditing of the Bank in 2012, and recommend to the Bank
Shareholder to appoint Ernst & Young as auditing firm performing auditing of
the Bank in 2012;
3. To approve terms of non-arm's length transactions with a person affiliated
with the Bank.
unquote
[2012-03-20]