ForteBank imposed administrative penalty

/KASE, September 22, 15/ – ForteBank JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote ... of obtaining an Order of administrative penalty in the case of an administrative offense of September 18, 2015 drawn up in respect of the Bank by the National Bank of Kazakhstan on the basis of part 4 of Article 218 and Articles 724, 821-823 of the Code of the Republic of Kazakhstan on Administrative Offenses. The offense stated in this Order is related to false statements submitted by the Bank for the purpose of monitoring of the sources of supply and demand, and use of foreign currency in the domestic foreign exchange market. unquote [2015-09-22]