VTB Bank (Kazakhstan) has received a license to conduct brokerage and dealing activities in securities market

09.10.2014 Kazakh subsidiary VTB Bank has received a license to conduct brokerage and dealing activities in securities market without the right to maintain customer accounts. The license was issued by the National Bank of the Republic of Kazakhstan on October 6, 2014.

This license gives the right to conduct activities in securities market without the right to maintain customer accounts (without the right to register transactions with securities).

As it was previously reported, the license to conduct banking and other operations was issued to VTB Bank (Kazakhstan) on May 22, 2009 by the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations.

For reference:
SO JCS VTB Bank (Kazakhstan) - is 100% subsidiary Bank of the largest Russian OJSC VTB Bank.
License of the National Bank of the RK No. 1.1.14/39 dated 06.10.2014.
The Bank was assigned international rating at the «BB+» / «Negative» forecast level from Standard & Poor’s Agency.
The branch network of VTB Bank (Kazakhstan) covers 17 cities and amounts to 24 points of sales.

VTB Bank and its subsidiaries form international financial group which conducts its activities in Russian and foreign markets. VTB Group consists of more than 30 banks and financial companies in 20 countries of the CIS, Europe, Asia and Africa. The major shareholder of VTB – is the Government of the Russian Federation (60,9%).