OREANDA-NEWS. May 31, 2010. In compliance with the Agency Chairman order if May 20, 2010 # 125, the effect BTA Bank subsidiary BTA Ipoteka (hereinafter - the Company) license # 27 of August 14, 2008 for banking operation, stipulated by the banking legislation of the Republic of Kazakhstan, in the national and foreign currency was terminated due to its voluntary return, reported the press-centre of KASE.

Given this the Company comments that:

- the Company shall provide services of issued loans and fulfill all obligations to investors;

- the Company shall improve the loan portfolio quality and plans to get a license for banking operations, stipulated by the legislation of the Republic of Kazakhstan.