18.08.2015, 13:57
Tsesnabank imposed administrative sanction
OREANDA-NEWS. Tsesnabank JSC (Astana), whose securities are officially
listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed
KASE that "based on resolution on imposing of administrative sanctions under
cases on administrative violations of National Bank of Republic of Kazakhstan
dated August 4, 2015, for committing the administrative violation provided for
in part 10 of article 213 of Kazakhstan's Administrative Violations Code (the
Bank's failure to meet obligations on indicating interest rates in reliable,
annual, effective, comparable calculation in agreements concluded with clients),
the Bank was imposed an administrative sanction in form of a penalty to the
amount of KZT297,300".
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