Alliance Bank Clarifies Situation with Non-Payment in Favor of KASE
OREANDA-NEWS. On February 05, 2009 Alliance Bank considered it necessary to clarify situation with non-payment of KZT549 million in favor of Kazakhstan Stock Exchange (KASE), reported the press-centre of Alliance Bank.
This failure was caused by technical breakdown, and the consequences have already been eliminated.
KASE employees are provided with all required explanations under which Alliance Bank undertakes to honor all its liabilities to the Exchange in full during February 5, 2009 and pay all penalties related to the one day payment delay, according to KASE rules.
KASE will disclose the appropriate information on duly performance of Alliance Bank’s obligations after the mentioned amount is received on KASE account within the day.
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