Bank Of Astana Adds Kzt5.3 Bn To Authorized Capital

Kazakhstan: State Bailing Out Yet Another Ailing Bank

Bank of Astana (Almaty), whose securities are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with a press
release dated June 30, 2017 to report “a KZT5.3 bn increase in the authorized
capital as it placed its ordinary shares in IPO to public investors”.

The full version of the press release is available on KASE website