VTB Bank (Kazakhstan) Announces Decisions of BoD
OREANDA-NEWS. April 25, 2012. About decisions the Bank's Board of Directors, reported the press-centre of KASE:
1. To approve setting of the financing limit for a legal entity to the amount of not more than KZT20,000,000 (twenty million).
2. To approve conclusion of a non-arm length deal with an affiliated person of the Bank.
3. To approve the register of persons related to the Bank by a special relationship.
4. To take into consideration the Bank's management reports for the reporting period.
5. To approve setting of the financing limit for an LLP at the amount of not more than KZT1,446,970,000 (one billion four hundred forty six million nine hundred seventy thousand), which is equivalent to USD9,800,000 (nine million eight hundred thousand).
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