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

"...ATFBank JSC (ATFBank, the Bank) is happy to announce launch of compensation mechanism for deposits of individuals since September 15, 2015 in accordance with instructions of Mr. N. Nazarbayev, the President of the Republic of Kazakhstan, and the program of compensating individuals' deposits in the national currency (Tenge).

Our Bank participated in elaborating of the very mechanism for payment of compensations in cooperation with other commercial banks under guidance of the National Bank of the Republic of Kazakhstan. This is why we have managed to promptly adjust all internal processes and now ready to re-execute contracts with our depositors. Customers can contact any of the Bank's offices. We are waiting for customers whose deposits meet conditions of the program, – Mr. Sergey Kovalenko, Executive Director of ATFBank JSC noted".