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

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Moving of Kazakhstan to a free floating Tenge did not affect activity of ATFBank JSC (ATFBank, the Bank).

In view of certain misbalances in the economy, the Bank’s management had anticipated some adjustments in the exchange rates and took proactive measures to mitigate effects thereof on the Bank's activity. The Bank did not suffer any negative effects as the result of moving to the free float of the national currency in August. Currently the Bank continues to execute its transformation strategy which is based on a program of continuous improvements in all areas. We have continued to improve our operational effectiveness and customer service and this will allow us to resist adverse market conditions, - Mr. Anthony Espina, CEO of ATFBank JSC said.

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The full press-release is available on KASE website at http://www.kase.kz/files/emitters/ATFB/atfb_reliz_140915.pdf