OREANDA-NEWS. Bank CenterCredit JSC (Almaty), being a representative of holders of mortgage bonds KZP07Y10C336 (KZ2C00000461, TEBNb18) of ForteBank JSC (Almaty, hereafter – the Issuer), officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of conducting a random check of the state of the pledge being a security for fulfillment of obligations of ForteBank JSC under the mentioned bonds, according to the pledge registry as of October 1, 2015.

Based on the check conducted Bank CenterCredit JSC informs you of the following:

"...For purposes of fulfillment of their liabilities the Representative has conducted a random check of the state of pledged assets, according to the pledge registry to Pledge agreement No. 124 dated May 31, 2010 as of October 1, 2015, being the pledge for fulfillment of liabilities of ForteBank JSC towards holders of bonds NIN KZP07Y10C336.

Based on the conducted random check of the pledged assets, the Representative reports that the pledge and value of the pledge ratio of the mortgage bonds meet requirements of the bond issue prospectus and pledge agreement.

Responsibility for the reliability of the provided information necessary for conducting an analysis of the state of assets being security of fulfillment of liabilities of ForteBank JSC towards the bondholders rests with the management of ForteBank JSC".