30.05.2014 - Kazakh Alliance Bank debt restructuring talks break down
Talks with creditors of Kazakhstan's wealth fund-controlled Alliance Bank have broken down without agreement, the bank's chief executive said on Thursday. "Negotiations have broken down, no agreement was reached," Timur Isatayev said. Alliance is 51 percent owned by local sovereign wealth fund Samruk-Kazyna, which has reduced its stake in recent weeks...............................................Full Article: Source
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