Suspension time of brokerage and dealing license of OJSC AB "Alfa-Bank" (Kazakhstan) was prolonged

/IRBIS, Dec.23, 99/ - By the resolution #521 of the Directorate of the National securities commission of Kazakhstan (NSC), dated December 21, 1999, suspension time of the license, issued to OJSC Affiliated Bank "Alfa- Bank" to engage in brokerage and dealing activities on the stock market without the right to handle client accounts, was prolonged for one month. The decision was based on not meeting the requirements, specified in norms of NSC, by the licensee. Earlier, the license was suspended by the resolution #487 of NSC, dated November 13, 1999.