| Samruk-Kazyna, the Kazakh sovereign wealth fund that took over BTA Bank (BTAS) before its 2009 default, is considering more state aid for the troubled lender and may buy back its bonds, the fund’s deputy chief said.
Additional assistance will depend on BTA management’s plan to revive the bank, Samruk-Kazyna Deputy Chief Executive Officer Aidan Karibzhanov told reporters in Almaty today. The lender “undoubtedly” needs help, “judging by its capital deficit,” he said..............................................Full Article: Source
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