National Bank of Kazakhstan has 16 Primary agents for notes
13.12.99 00:00
/IRBIS, Dec.13, 99/ - CJSC "Central depository of securities" informs the list
the National bank's Primary agents working on state securities market
consists of 16 legal entities: OJSC "Kazkommertsbank", OJSC "Halyk Bank
of Kazakhstan", CJSC "ABN AMRO Bank Kazakhstan", OJSC "Temirbank",
OJSC "Bank CenterCredit", CJSC "KZI-Bank", OJSC "TexaKaBank", JSC
ATFB, OJSC "Bank TuranAlem", CJSC "Citibank Kazakhstan", CJSC
"Evraziiskii", AB "Alfa-bank", CJSC "Eximbank", JSCOT JV "Lariba-bank",
JSCOT "Tsesnabank" (Astana), OJSC "DB SECURITIES (KAZAKHSTAN)".
Headquarters of these companies, except JSCOT "Tsesnabank", are in
financial capital of Kazakhstan Almaty.
By Kazakhstani norms, securities of the National Bank - notes - can be
purchased by investors at auctions only through Primary dealers who
maintain their own accounts of their clients.
It should be noted investors also have to work in country's secondary market
with notes of the National Bank through Primary dealers also. A legal entity,
who is a member of KASE in category "K" (right to participate trades in SS),
can make a deal in notes at the Exchange bypassing a Primary dealer only if
it has corresponding authorization from him and further confirmation of the
deal by the Primary agent.