ATFBank Announces BoD Decisions
OREANDA-NEWS. September 29, 2011. ATFBank (Almaty), whose securities are officially listed at Kazakhstan Stock Exchange (KASE), has by and official letter informed KASE that it Board of Directors took the following decision, reported the press-centre of KASE:
1. treasury transactions concluded with members of the UniCredit group from July 1, 2011 to July 31, 2011 have been ratified;
2. deals made by the Department of Transactional Corporate Products with members of the UniCredit group from July 1, 2011 to July 31, 2011 have been ratified;
3. making an agreement with CJSC UniCredit Bank (Russia) on assigning a subordinated deposit of USD5,000,000 (five million), earlier attracted by CJSC Bank Sibir from JSC ATFBank has been approved;
4. reimbursement of JSC ATFBank's expenses by UniCredit Bank Austria and UniCredit S.p.A. has been approved;
also, terms and conditions of model contracts for bank deposits "Upon Demand" and "Children's Capital" for persons related to the bank by special relationships.
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