Halyk Savings Bank of Kazakhstan, whose securities are officially listed on KASE, warned by NB of Republic of Kazakhstan
OREANDA-NEWS. Halyk Savings Bank of Kazakhstan has notified KASE as follows:
... on the fact of Kazakhstan's National Bank's issuing a written warning … on June 13, 2016 regarding the violation of the deadline for provision of reports on residual amounts in balance and off-balance accounts of the Bank as required in sub-item 2) of item 2 of Resolution No. 74.
Based on the above-mentioned and in accordance with sub-item 35) of article 8 of the Act on the National Bank of Republic of Kazakhstan and article 45 of the Banks Act, the Bank has received a notification in form of a warning about the possibility of application of sanctions to the Bank provided for in article 47 of the Banks Act, in case of detection of similar violations of the laws of the Republic of Kazakhstan in future.