Subsidiary Bank "Home Credit and Finance Bank" drawn to administrative responsibility

27.06.14 12:03
/KASE, June 27, 14/ – Subsidiary Bank "Home Credit and Finance Bank" JSC (Almaty, hereinafter – the Bank), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote ... of the Bank being drawn to administrative responsibility: 1) name of the government authority making decision on drawing to administrative responsibility: National Bank of the Republic of Kazakhstan; 2) date, No. of the decision of the government authority on drawing to administrative responsibility: resolution of May 4, 2014 according to minutes No. 140000803000094 dated April 23, 2014; 3) subject of the administrative sanction (content of the administrative violation) with indication of the article of Kazakhstan's Administrative Violations Code: article 168-2 part 1, Violation of requirements of Kazakhstan's banking legislation. unquote [2014-06-27]