AsiaCredit Bank (Kazakhstan) announces concluding of non-arm's length deal

/KASE, July 17, 13/ – JSC "AsiaCredit Bank" (Almaty), whose bonds are officially listed at Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of having concluded a non-arm's length deal: quote 1) date when the joint-stock company's body took a decision to conclude the deal – July 11, 2013; 2) value of underlying asset – KZT3,600,000; 3) date of the most recent valuation of the underlying asset – not applicable; 4) percentage ratio of the value of underlying asset to the value of the joint- stock company's total assets – 0.00414%; 5) main substantial terms of the deal – Agreement on opening of deposit "Best choice" with capitalization, opening of current accounts under standard terms; 6) deal conclusion date – July 11, 2013. unquote [2013-07-17]