Astana-finance OJSC (Kazakhstan) received new license of National Bank of Kazakhstan
22.10.01 00:00
/KASE, Oct 22, 01/ - Astana-finance OJSC (Astana) provided the KASE
with a copy of the license #25 issued by the National Bank of Kazakhstan to
conduct transactions set by the banking legislature in tenge and foreign
currency, dated August 6, 2001.
This license allows Astana-finance OJSC to conduct following transactions.
Banking transactions in tenge and foreign currency:
- lending activities: granting credits;
- trust transactions: management of money and securities in the interests
and on behalf of the trustier - Closed joint stock company Kazakhstan
Mortgage Company;
- issue bank guarantees to be met in monetary form;
- issue guarantees and other obligations for the third party to be met in
monetary form.
Other transactions set by the banking legislature:
- leasing;
- issue of its own securities (except for shares);
- factoring: acquisition of payment requests from the buyers of goods
(works, services) with the acceptance of the non-payment risk.
The rights associated with this license can not be transferred to third
parties.
Now, official list of the Exchange of category "A" contains common shares
(KZ1C37671418, trade code - ASFI); coupon bonds (KZ2CUY02A356, trade
code - ASFIb1, $100, $10m, July 2.01 - July 2.03, semiannual coupon at
9.0% APR) of Astana-finance OJSC.
Primary activities of the company: some banking services, investing,
financing economic and social development projects of Astana, as well as
other activities specified in the charter and licenses.