Government to sell its stakes in Kazakh banks

ПОДЕЛИТЬСЯ

Government  to sell its stakes in Kazakh banks Kairat Kelimbetov. By Yaroslav Radlovsky ©

The Government is expected to sell its stakes in in BTA, Temir Bank and Alliance Bank before 2014, KazTAG reports. This was announced by Kairat Kelimbetov, the Fund’s Chairman. He made this announcement at the Minex Central Asia – 2011 mining forum in Astana. “We have prepared respective proposals. The plan is to exit the banks’ ownership structure within reasonably shortest time. To be realistic, selling of the government’s stakes could take 2-3 years”, he said. According to him, the banks’ value is set to grow. In January 2011, Kazakhstan’s Prime Minister Karim Massimov instructed Fund’s Chairman Kairat Kelimbetov to come up with suggestions on selling the government’s stakes in the banks. In 2009, as part of the government’s anti-crisis package, Samruk-Kazyna Sovereign Wealth Fund bought common stock in the mentioned above banks.

ПОДЕЛИТЬСЯ
The Government is expected to sell its stakes in in BTA, Temir Bank and Alliance Bank before 2014, KazTAG reports. This was announced by Kairat Kelimbetov, the Fund’s Chairman. He made this announcement at the Minex Central Asia – 2011 mining forum in Astana. “We have prepared respective proposals. The plan is to exit the banks’ ownership structure within reasonably shortest time. To be realistic, selling of the government’s stakes could take 2-3 years”, he said. According to him, the banks’ value is set to grow. In January 2011, Kazakhstan’s Prime Minister Karim Massimov instructed Fund’s Chairman Kairat Kelimbetov to come up with suggestions on selling the government’s stakes in the banks. In 2009, as part of the government’s anti-crisis package, Samruk-Kazyna Sovereign Wealth Fund bought common stock in the mentioned above banks.
Tengrinews
Читайте также
Join Telegram
Arctic cold approaches Kazakhstan
Earthquake felt by residents of Almaty
Kazakhstan to be hit by snowfall
Flights delayed at Aktobe airport
US dollar drops sharply in Kazakhstan
Kazakhstan to raise living wage in 2026
Tenge continues to strengthen steadily
CSTO meeting has begun in Bishkek

Exchange Rates

 504.61  course up  587.93  course up  6.63  course up

 

Weather

location-current
Алматы

 

Редакция Advertising
Социальные сети