OREANDA-NEWS. Kazkommertsbank JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release:

"...JSC Kazkommertsbank ("the Bank", "KKB"), one of the largest banks in Kazakhstan and Central Asia, today announces that it has signed an agreement with JSC National Wealth Fund "Samruk-Kazyna" ("the Fund") and JSC BTA Bank ("BTA") to transfer the debt BTA owes to the Fund to the Bank ("transaction with the Fund"). The deal constitutes major transaction and it was approved by the Board of Directors on 24 June 2015".