/KASE, January 5, 2024/ – "Otbasy bank" house construction savings bank JSC
(Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange
(KASE), has informed KASE about the decision of its sole shareholder dated
December 26, 2023:
quote
JSC "Otbasy Bank" (hereinafter referred to as the Bank) informs that on
December 26, 2023, the Board of JSC "Baiterek" NMH" made decision No. 53/23
to apply to the authorized agency of the Republic of Kazakhstan with an
application for voluntary termination of the Bank’s license, in terms of
operations on accepting deposits, opening and maintaining bank accounts of
depositors of savings for capital repairs of the common property of the
condominium object and providing them with housing loans.
unquote
This information is available in Russian and English on –
https://kase.kz/files/emitters/JSBN/jsbn_decision_sole_261223_4.pdf
[2024-01-05]