On the situation at JSC "Kazkommertsbank"
JSC "Kazkommertsbank" fulfills regulatory requirements and fulfill customer commitments in full, reported the press service of the National Bank of Kazakhstan on the official website of www.nationalbank.kz
The Board of the National Bank of Kazakhstan earlier decided to provide JSC "Kazkommertsbank" with short-term financing in the amount of 400.8 billion tenge, given the systemic importance of the bank. The loan is granted in order to provide additional liquidity reserve for the fulfillment of obligations to customers of the bank.
Currently, the bank has sufficient liquid assets, allowing him to carry out a partial early repayment of the loan. JSC "Kazkommertsbank" returned to the National Bank the half of the earlier allocated funds.
Currently, the increase in banks' capital is one of the priorities of improving the competitiveness of the banking sector. In this regard, the National Bank of the Republic of Kazakhstan in the frames of the ongoing supervisory process conducts negotiations with shareholders, including JSC "Kazkommertsbank", to increase the level of capitalization.
Please, join our Telegram channel to stay up to date on the latest news.
Leave comment:
Comments: