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The Financial Supervisory Authority Has Granted Permission to Khasbank Ojsc to Merge with Tenger Financial Group Llc
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At its regular meeting on July 24, 2025, the Financial Regulatory Commission approved the reorganization of Tenger Financial Group (TSN) LLC, the parent company of XasBank, into XasBank, and the amendment of the securities registration. According to this decision, TSN shareholders will become direct shareholders of XasBank OJSC and their shareholding will be registered with the “Central Securities Depository”. Thus, XasBank becomes the first ban…
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