Subsidiary Bank Alfa-Bank JSC (Kazakhstan) incurs administrative penalty

/KASE, 31.03.14/ – Subsidiary Bank Alfa-Bank JSC (Almaty, hereinafter – Bank), bonds of which are listed on Kazakhstan Stock Exchange (KASE), has officially notified KASE: quote ... pursuant to the Resolution of the National Bank of Kazakhstan on imposing administrative penalty in accordance with administrative violation case of 27.03.2014. the Bank has been hold administratively liable pursuant to part 3 of article 188 of the Kazakhstan Administrative Violations Code, and has been imposed administrative penalty for violation of deviation limits on foreign exchange transactions made via exchange office of a branch office of Subsidiary Bank Alfa-Bank JSC. quote [2014-03-31]