May 22, 2017 / 7:25 AM / 3 months ago

Kazakh cenbank suspends Delta Bank's deposit licence

ALMATY, May 22 (Reuters) - Kazakhstan's central bank on Monday barred local lender Delta Bank from opening new deposits and customer accounts until June 15, citing its repeated failure to make timely payments and breach of regulatory ratios.

Delta is Kazakhstan's 14th largest bank by assets, which stand at about $1.2 billion. (Reporting by Olzhas Auyezov)

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