“Astana Finance” Bank JSC was deprived of the license for conducting banking and other operations in terms of accepting, opening and maintaining individuals’ bank accounts by the decree of the National Bank’s Administration №79 as of July 1, 2011 due to non-compliance with prudential requirements set by the Law “On Banks and Banking Activity in the Republic of Kazakhstan”.
1 july
As of July 1, 2011 the liquidation commission of Valut-Tranzit Bank has satisfied the KDIF’s claims on reimbursing the amounts of insurance coverage paid out to the depositors by 34,03% (or 4.822 bln. tenge), while the liquidation commission of Nauryz Bank Kazakhstan has satisfied the KDIF’s similar claims by 88% (or 679.4 mln. tenge ).