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.