Subsidiary Organization VTB Bank (Kazakhstan) receives USD50 mln loan

09.12.14 12:08
/KASE, December 9, 14/ – Subsidiary Organization VTB Bank (Kazakhstan) (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote Information on the receipt by the joint-stock company of a loan making up twenty five or more percent of the joint-stock company's equity: 1. Date of decision of the joint-stock company' body on deal execution – November 28, 2014 2. Date of obtaining the loan by the joint-stock company: November 28, 2014 3. Purpose of the loan obtained by the joint-stock company: Obtaining foreign currency liquidity 4. Amount of loan obtained by joint-stock company – USD50,000,000 5. Percentage ratio of the loan obtained by the joint-stock company to the joint- stock company's equity: 41.31%. unquote [2014-12-09]