BTA Bank Takes Resolution to Enter into Related Party Transactions
OREANDA-NEWS. Hereby BTA Bank JSC notifies that on May 5, 2014, the Board of Directors of BTA Bank JSC took resolution to enter into related party transactions
Information on entering into related party transaction by the joint-stock company 1) date of taking resolution on entering into transaction by the Board of Directors - May 5, 2014;
2) value of the transaction subject - n/a;
3) date of the latest valuation of the transaction subject - n/a;
4) percentage ratio of value of transaction subject to the total value of assets of this joint-stock company - n/a;
5) main terms of the transaction:
- subject of the transaction - issue of debit payment card;
- card product - individual card;
- type of card - Visa Classic;
- card status (main/additional) - main;
- account currency - tenge;
- validity - 36 months;
- payment card annual service fee - first year KZT 12,400/ in the following years KZT 6,200;
6) date of the transaction - May 5, 2014.
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