ForteBank announces selling 100 % shares of Bank Kassa Nova

30.12.20 12:33
/KASE, December 30, 2020/ – ForteBank (Nur-Sultan), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated December 30, 2020: quote ForteBank has announced the closure of the deal on sale of 100% of ordinary shares of Kassa Nova Bank to investment company Freedom Finance. In August 2020, ForteBank announced the signing of an agreement on sale of 100% of ordinary shares of Bank Kassa Nova. The closing of the transaction was preceded by the receipt of approval from the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market and other necessary permits. Bank Kassa Nova is an independent, well-capitalized mid-size bank focusing on provision of high-quality financial services. unquote The complete press release is available on KASE website – https://kase.kz/files/emitters/ASBN/asbn_reliz_301220_1.pdf [2020-12-30]