BTA Bank Reports on Entering into Related Party Transaction
OREANDA-NEWS. Hereby BTA Bank JSC kindly notifies that on July 3, 2014, the Board of Directors of BTA Bank JSC took resolution to enter into related party transaction.
Information on entering into related party transactions by the joint-stock company
1) date of taking resolution on entering into transaction by the Board of Directors - July 3, 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:
Decided to conclude a service contract on acceptance payments from individuals in favor of Bank Astana Finance JSC through the service channels of BTA Bank JSC on the following terms:
• Subject to transaction - acceptance payments from individuals in favor of Bank Astana Finance JSC
• type of services - "replenishment of deposit" and "repayment of credit";
• Commission charges - from Bank Astana Finance JSC - 0 tenge;
• Commission charges from payer:
a) In Units/Branches of BTA Bank JSC - 0.3% (point three percent) of payment amount, minimum KZT 100 (one hundred) tenge, maximum KZT 500 (five hundred tenge);
b) In Payment terminal of BTA Bank JSC Cash&Pay - 0.2% (point two percent) payment amount, minimum KZT 100 (one hundred tenge), maximum KZT 300 (three hundred tenge);
c) In Internet Banking of "bta24.kz" - KZT 100 (one hundred tenge);
d) On standing order from BTA Bank JSC - KZT 50 (fifty tenge).
6) date of the transaction - July 30, 2014.
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