/KASE, September 18, 2020/ – By a decision of the Management Board of
Kazakhstan Stock Exchange (KASE), from September 18, 2020, Tengri Bank
JSC (Almaty), which is a member of KASE in the "currency" and "stock"
categories, has been excluded from participation in trading in foreign
currencies and securities admitted to circulation (trading) on KASE, with the
exception of trades in financial instruments, for which the bank has
obligations on deals previously concluded on KASE.
Membership of Tengri Bank JSC on KASE has been suspended until the relevant
decision of KASE's Board of Directors.
Trades in common shares of Tengri Bank JSC (KZ000A1CTMJ8, KASE main
market, category "standard", DNBN) have also been suspended in KASE's
trading system since September 18. Trades in the bank's bonds that underwent
listing on KASE (KZ2C00003705, KASE main market, category "bonds",
DNBNb3) were not opened.
This decision was made on the basis of a message of the Agency of the Republic
of Kazakhstan for Regulation and Development of the Financial Market dated
September 18, 2020 "On stripping Tengri Bank JSC of the license to conduct
banking and other operations".
Earlier there was a related KASE news item "Agency of the Republic of
Kazakhstan on the Regulation and Development of the Financial Market revokes
license of Tengri Bank for banking and other transactions" –
https://kase.kz/en/news/show/1442588/
[2020-09-18]