Results of The General Shareholders’ Meeting
26 January 2012, Almaty – “BTA Bank” JSC would like to announce results of today’s General Shareholders’ Meeting held in Almaty as well as to provide an update on a number of matters in relation to the proposed restructuring of certain of its financial indebtedness.
Almaty, January 24, 2012 - BTA Bank JSC informed that from January 23, 2012 Mr. Konstantin Korishchenko has resigned from his position as a Member of the Board of Directors, Independent Director of BTA Bank JSC.
Meetings with creditors scheduled for the week of 23 January 2012 – Creditors’ Meeting Presentation on 27 January 2012 Nomination process for new Creditor Directors commenced
Almaty, 23 January 2012 – “BTA Bank” JSC is pleased to confirm that during the week of 23 January it has arranged meetings with holders of the Bank’s Senior, OID and Subordinated Notes, its Recovery Units and participants in the RCTFF that have expressed an interest in participating on the steering committee that will be established to represent the interests of the Bank’s various creditor stakeholders.
Fitch rating actions
Dear All, Please be informed that Fitch Ratings has downgraded BTA Bank’s Long-term Issuer Default Ratings (IDRs) to 'RD' from 'C'.
UPDATE ON THE RESTRUCTURING PROCESS; PRELIMINARY TALKS WITH STAKEHOLDERS HAVE STARTED
“BTA Bank” JSC thanks its GDR holders and creditors for attending the meetings and for the constructive approach that was demonstrated during the investors’ presentations organized by the Bank in Brussels, Frankfurt, Geneva, London, Miami, Munich, New York and Stockholm on January 11 and 12.
BTA Bank JSC informed that from January 11, 2012 Mr. Askar Karimullin has resigned from his position as a Member of the Board of Directors (Representative of NWF Samruk-Kazyna JSC) of JSC BTA Bank.
NOTICE on supplementing agenda of the Extraordinary General Meeting of Shareholders of BTA Bank JSC to be held on 26 January 2012
BTA Bank Joint-Stock Company, located at: 97, Zholdasbekov str., Samal-2 mcrd., Almaty, 050051, Republic of Kazakhstan in accordance with Resolution of the Board of Directors of BTA Bank JSC kindly informs the shareholders on supplementing agenda of the Extraordinary General Meeting of shareholders of BTA Bank JSC to be held on January 26, 2012.
Changes in the Board of Directors and Management Board of BTA Bank
BTA Bank informs that Mr. Marat Z. Zairov has resigned from the position of the Chairman of the Management Board of BTA Bank on his own initiative due to health reasons.
Dear All, In connection with the announced investors meetings, the presentation is available on the Bank's website.
Please be informed that Mr. Maarten Leo Pronk has resigned from his position as a Member of the Board of Directors (Creditor Director) of JSC BTA Bank