01.12.2011 - Kazakh wealth fund nears decision on BTA rescue
Kazakh sovereign wealth fund Samruk-Kazyna expects shortly to finalise a business plan to revitalise BTA, the country's third-largest bank by assets, the fund's deputy chief executive, Aidan Karibjanov, said on Wednesday. BTA was the largest of four Kazakh lenders to default in 2009. After a debt restructuring completed last year, Samruk-Kazyna emerged as an 81.5 percent shareholder in the bank...............................................Full Article: Source
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