Bank Caspian OJSC (Kazakhstan) completed a transition to international standards
25.12.01 00:00
/KASE, Dec 25, 01/ - Bank Caspian OJSC (Almaty) informed the KASE
about completion of transition to international standards and as a
confirmation presented a copy of resolution of the Board of the National bank
of Kazakhstan.
According to presented copy of the resolution from December 20,2001,
having considered an application of the bank, the Board of the National Bank
resolved: to admit Caspian Bank OJSC as performed requirement of Rules
about the order of secondary tier banks transition to international standards
established by the resolution #292 of the National bank of the Republic of
Kazakhstan from December 12,1996.
Coupon bonds of Bank Caspian OJSC (KZ2CUY03A370, trade code -
CSBNb1, $15m, $100, July 13.01 - July 27.04, semiannual coupon 9,5%
APR) were admitted into official list of KASE securities under category "A" on
July 19,2001.