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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Samruk to consider exiting BTA following the 2nd debt restructuring

Posted on 16 May 2012

Samruk Kazyna Sovereign Wealth Fund will consider exiting the BTA Bank’s ownership structure after the second debt restructuring has been finalized, the Fund’s Director for Financial Assets Management Mr. Aidar Ryskulov said May 15 at the annual Fitch Ratings conference in Astana, KazTag Agency reports.
“The Fund’s management is fully aware that soonest debt restructuring at BTA is of prime importance for the national banking sector (…) The Fund has no intention of retaining its stakes in banks for a long time………………………………………..Full Article: Source


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