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Studies & Opinions
Middle East, Africa
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New Deputy Chairman for Halyk Bank appointed
Halyk Bank of Kazakhstan has appointed a new Deputy Chairman of the Management Board.
Head of Kazakh bank tags tenge deficit artificial
Chairman of one of Kazakhstani banks says that the tenge deficit in Kazakhstan is created artificially.
Kazakhstan-based Halyk Bank closes deal to purchase HSBC Kazakhstan
The newly purchased entity has been renamed to Altyn Bank and is to be a separate legal entity as planned.
Halyk Bank to purchase Kazakhstan-based HSBC subsidiary
According to the press-release, the deal is subject to approval and is expected to be finalized in 2014.
Halyk Bank renounces buying government’s stake in BTA
Samruk-Kazyna made Halyk Bank an offer to purchase its stake in BTA March 27, 2013.
Halyk Bank may give up on BTA deal
The deal to purchase BTA by Halyk Bank may take longer than planned; one shouldn’t rule out the possibility of Halyk Bank giving up on the idea of purchasing BTA in case Kazakhstan Government doesn’t offer concessions in terms of price.
Halyk Bank top manager on purchase of BTA
Purchase of BTA by Halyk Bank and sales of Halyk Bank’s pension fund [to the Government] should be separate deals: Halyk Bank Chairman of the Board Alexander Pavlov.
Halyk Bank on purchasing BTA
Halyk Bank has entered negotiations over the offer to purchase BTA. The due diligence is under way.
Buying BTA Bank may have harm Halyk Bank: Standard & Poor’s
In case of this deal Halyk will become the biggest Kazakhstan bank by assets and its market share will make over 25 percent.
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