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

/KASE, August 5, 13/ – JSC "AsiaCredit Bank" (Almaty), whose bonds are officially listed at Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote ... of having decided on concluding the following non-arm's length deals: I. 1) date when the joint-stock company's body took a decision to conclude the deal – July 26, 2013; 2) value of underlying asset – KZT5,000 (five thousand); 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 – 0.000006%; 5) main substantial terms of the deal – Agreement on opening of deposit "Stable" with capitalization in tenge under standard terms; 6) deal conclusion date – July 30, 2013. II. 1) date when the joint-stock company's body took a decision to conclude the deal – July 26, 2013; 2) value of underlying asset – KZT5,000 (five thousand); 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 – 0.000006%; 5) main substantial terms of the deal – Agreement on opening of deposits "Stable" with capitalization in tenge under standard terms; 6) deal conclusion date – July 30, 2013. III. 1) date when the joint-stock company's body took a decision to conclude the deal – July 26, 2013; 2) value of underlying asset – KZT5,000 (five thousand); 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 – 0.000006%; 5) main substantial terms of the deal – Agreement on opening of deposit "Stable" with capitalization in tenge under standard terms; 6) deal conclusion date – July 30, 2013. IV. 1) date when the joint-stock company's body took a decision to conclude the deal – July 26, 2013; 2) value of underlying asset – KZT5,000 (five thousand); 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 – 0.000006%; 5) main substantial terms of the deal – Agreement on opening of deposit "Stable" with capitalization in tenge under standard terms; 6) deal conclusion date – July 30, 2013. V 1) date when the joint-stock company's body took a decision to conclude the deal – July 26, 2013; 2) value of underlying asset – KZT5,000 (five thousand); 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 – 0.000006%; 5) main substantial terms of the deal – Agreement on opening of deposit "Stable" with capitalization in tenge under standard terms; 6) deal conclusion date – July 30, 2013. VI 1) date when the joint-stock company's body took a decision to conclude the deal – July 26, 2013; 2) value of underlying asset – KZT9,300,000 (nine million three hundred thousand); 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 – 0.010759%; 5) main substantial terms of the deal – Agreement on opening of deposit "Stable" with capitalization in tenge under standard terms; 6) deal conclusion date – July 30, 2013. VII. 1) date when the joint-stock company's body took a decision to conclude the deal – July 26, 2013; 2) value of underlying asset – USD66,270 (sixty six thousand two hundred seventy); 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 – 0.011752%; 5) main substantial terms of the deal – Agreement on opening of deposit "Stable" with capitalization in US dollars under standard terms; 6) deal conclusion date – July 30, 2013. VIII. 1) date when the joint-stock company's body took a decision to conclude the deal – July 26, 2013; 2) value of underlying asset – KZT67,373,316 (sixty seven million three hundred seventy three thousand three hundred sixteen); 3) date of the most recent valuation of the underlying asset – not applicable; 3) percentage ratio of the value of underlying asset to the value of the joint-stock company's total assets – 0.077941%; 5) main substantial terms of the deal – Agreement on opening of deposit "Stable" with capitalization in tenge under standard terms; 6) deal conclusion date – July 30, 2013. IX. 1) date when the joint-stock company's body took a decision to conclude the deal – July 26, 2013; 2) value of underlying asset – not applicable; 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 – not applicable; 5) main substantial terms of the deal – extension of bank deposit term; 6) deal conclusion date – July 30, 2013. X. 1) date when the joint-stock company's body took a decision to conclude the deal – July 26, 2013; 2) value of underlying asset – not applicable; 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 – not applicable; 5) main substantial terms of the deal – extension of bank deposit term; 6) deal conclusion date – July 30, 2013. unquote [2013-08-05]