/KASE, February 12, 2021/ – Following a decision of the Management Board of
Kazakhstan Stock Exchange (KASE), from February 12, 2021, AsiaCredit Bank
JSC (Almaty) was suspended from participation in trading in foreign currencies,
derivative financial instruments, securities and other financial instruments
admitted to circulation (trading) on KASE and not related to foreign currencies
or derivative financial instruments, taking into account the conditions
established by the second paragraph of item 2 of article 12 of KASE's internal
document "Regulations on membership".
By a decision of KASE's Management Board, AsiaCredit Bank was also stripped
of the status of a clearing participant in the currency market, stock market and
derivatives market.
Earlier there was a related KASE news item "Agency of Republic of Kazakhstan
for Regulation and Development of Financial Market stripped AsiaCredit Bank of
license for conducting banking and other transactions on securities market" –
https://kase.kz/en/news/show/1453128/
[2021-02-12]