License of joint-stock bank "Global KAZKOMMERTS" (Kazakhstan) is withdrawn

/IRBIS, Nov.18, 99/ - The National Bank of Kazakhstan has informed, that it has withdrawn the license given to the company joint-stock bank "Global KAZKOMMERTS" for the banking operation. The decision is accepted in connection with the infringement by Global KAZKOMMERTS of the bank legislation, prudential specifications and other obligatory norms and limits. The temporary administration appointed by the National Bank, will execute a management till the bank liquidation and the special manager appointment by the Almaty court.