OREANDA-NEWS. Kazakhstan Stock Exchange (KASE or the Exchange) announces the opening of the Exchange's CNY correspondent account with Industrial and Commercial Bank of China in Almaty JSC to settle the currency pair CNY/KZT stock trading, in addition to the existing CNY correspondent account with Subsidiary Bank "Bank of China in Kazakhstan" JSC.

Bank details: correspondent account No. KZ809300001000011183 with JSC "Industrial and Commercial Bank of China in Almaty city", SWIFT: ICBKKZKX.

The new Exchange's CNY correspondent account will be activated for the trading settlements on the October 18, 2016.

The currency pair CNY/KZT (CNYKZT_TOD) was first traded on September 25, 2014. SB Bank of China in Kazakhstan JSC, SB Sberbank of Russia JSC, Industrial and Commercial Bank of China in Almaty JSC and Halyk Savings Bank of Kazakhstan JSC are CNY market makers on KASE.

In 9M 2016 the total trading volume on the Exchange amounted to CNY57.5 m, which is a 48% growth as compared to the last year. An absolute daily CNY/KZT trading record made CNY3.8 m (August 27, 2015).