BTA Bank Confirms Next Steps in the Restructuring Process
Following the successful approval of the Restructuring Plan of JSC BTA Bank (the “Bank”) at the Claimants’ Meeting held on 28 May 2010, the Bank is pleased to provide details of the next steps to be taken in the process leading up to the final completion of the Restructuring.
Notice of Court Hearing JSC BTA Bank
JSC BTA Bank (the “Bank”) hereby notifies its creditors and all interested parties that the application for approval of the restructuring plan of the Bank will be considered by the Specialised financial court in Almaty city.
FMSA Approves JSC BTA Bank’s Restructuring Plan
JSC BTA Bank (“BTA”) is pleased to announce that it has been informed that the Agency of the Republic of Kazakhstan on Regulation and Supervision of the Financial Markets and Financial Organizations (“FMSA”) approved its Restructuring Plan on 4 June 2010 following the approval of the Restructuring Plan at BTA’s Claimants’ Meeting held in Almaty on 28 May 2010.