Tengri Bank from October 1, 2020 stripped of membership of KASE by "currency" and "stock" categories

/KASE, October 1, 2020/ – Following a decision of the Board of Directors of Kazakhstan Stock Exchange (KASE), from October 1, 2020 Tengri Bank (Almaty) was stripped of membership of KASE by "currency" and "stock" categories. It means that Tengri Bank is no longer a member of KASE and may not trade on KASE in any instruments. This decision was made in accordance with sub-items 3) and 4) of item 1 of Article 13 of KASE's internal document "Regulations on Membership" on the basis of the Resolution No. 80 of the Management Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market dated September 17, 2020, in accordance with which "Tengri Bank" JSC from September 18, 2020 was stripped of the license No. 1.2.53 / 43 to conduct banking and other operations and activities in the securities market, issued to the bank by the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market on February 3, 2020. [2020-10-01]